Infinedi Partners Launches Investment Activities
FOR IMMEDIATE RELEASE
March 17, 2018
New York, NY
Infinedi Partners, LP (“Infinedi”), a New York-based private equity investment firm focused on long-term partnerships with founder-owned businesses, announced today that it has launched its first investment activities. Initially, investments will be made through single asset special purpose vehicles (“SPVs”) with targeted capital commitments of $100 million to $250 million.
Jay Hegenbart, Founder and CEO of Infinedi Partners said, “With the expiration of certain non-compete obligations, Infinedi Partners is thrilled to be launching this independent platform that will build on our prior track record of success.”
Previously Mr. Hegenbart was Senior Managing Director and Portfolio Manager of Harvest Partners, SCF which was founded through a partnership between Mr. Hegenbart and Harvest Partners, LP. While at Harvest Partners, SCF, Mr. Hegenbart successfully raised and deployed a $376 million Fund I.
“Initially, our plan is to raise a series of committed single investment SPV’s in the range of $100 million to $250 million which will allow us to prove out our independent track record as well and offer our limited partners a substantial direct investment opportunity. In addition, this will also allow Infinedi to fund sizable investments prior to raising a traditional multi-investment private equity fund,” added Mr. Hegenbart.
“To start, our focus will be on the long list of relationships, businesses and industries where we have previous track record of investment experience. We look forward to publicly announcing investments in the future which can serve as important case studies for types of creative partnerships we offer to founder-owners and financial entrepreneurs,” Mr. Hegenbart remarked.
“None of this would have been possible without the backing of our network of business owners, who encouraged us to launch this firm and have gone out of their way to help us win. Finally, we are grateful for the strong support of our investors and limited partners, many of whom have invested with us in the past,” Mr. Hegenbart concluded.
This announcement appears as a matter of record only. This does not constitute an offer to sell or a solicitation of an offer to purchase an interest in any current or future Infinedi Partners fund.
About Infinedi Partners
Infinedi is a private equity firm focused on innovative partnerships with founder-owned businesses and financial entrepreneurs. Based in New York, the firm was founded in March 2018 by Jay Hegenbart. Unlike many traditional private equity firms, Infinedi focuses exclusively on situations where it is the first private equity investor. Additional elements of the strategy include using less financial leverage and having investment durations longer than is typical.
The firm’s approach is solution-based, working with business owners to create tailor-made private equity investments oriented to maximize effectiveness for all stakeholders. Infinedi’s investments are typically control investments with large founder re-investment. Its investors include a diverse group of prominent institutional investors. Many of these organizations have known the principals for decades and have benefitted from their successful track record of investing. Infinedi is actively seeking new investment opportunities.
Visit infinedi.com for more information.