Paul Excell’s Post

Resurge Growth Partners announced the launch of a new “venture equity” vehicle designed to bridge the critical gap between VC and PE for high-potential scaleups. Resurge will invest over €120 million via the vehicle over the next 3 years, with nearly half of the capital already committed from the founding GPs and a leading family office. As one of Europe’s first venture equity offerings, the model will see it acquire significant stakes in promising companies that have outgrown VC and are looking for a new way to grow. Resurge was founded by Oren Peleg, former Managing Director of Oaktree Capital Management and former CEO of international gym chain Fitness First. He is joined by co-founder Eyal Malinger, former Partner at Beringea and former Vice President at Oaktree Capital. Resurge’s mission is to partner with “Venture Graduates” – high-potential companies that have outgrown the venture capital model but are not yet mature enough for traditional private equity. Through their venture equity model, Resurge will provide the capital, operational expertise and time needed to transition a company away from the VC funding model and move them to a path of profitable, sustainable growth. The approach provides founders with an opportunity to unlock value from their businesses at an early stage, clean up their cap table, free them from an endless cycle of fundraising, and transition to a longer-term, profit-focused growth strategy that works for the company and its team. Eyal Malinger, co-founder at Resurge, commented: “..... There’s huge potential here, both for the companies and the investors willing to back them in the right way.” https://lnkd.in/etZmFanJ

London-based Resurge Growth Partners launches €120 million “Venture Equity” vehicle to back tech scale-ups | EU-Startups

London-based Resurge Growth Partners launches €120 million “Venture Equity” vehicle to back tech scale-ups | EU-Startups

https://www.eu-startups.com

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