Forward Consumer Partners raises $426m in 6 months for inaugural fund

Forward Consumer Partners, a private equity firm specializing in investments in branded consumer businesses, has successfully closed its debut fund, Forward Fund I, reaching the maximum limit of $425 million. The fund, launched in June 2023, garnered significant global investor support, achieving oversubscription. Notably, Forward opted for a single close for Fund I without the involvement of a placement agent.

The firm's strategic focus involves making majority equity investments ranging from $25 million to $100 million in well-positioned and growing consumer brands. Leveraging its extensive co-invest network, Forward is also capable of executing larger transactions. Additionally, the company operates Fast Forward, a strategy dedicated to incubating consumer brands from their inception. This successful capital raise positions Forward Consumer Partners for further expansion and strategic investments in the evolving consumer landscape.