We are honored to announce that GroveStreet has reached $10.5 billion in investor commitments following the recent closing of four fund-of-one programs totaling $700 million.  Two of these investors are celebrating 20 years partnering with GroveStreet and a third has surpassed 15 years. We are deeply grateful for the continued trust of our investors. The longevity of these client relationships is a testament to our shared vision of the important role of specialist buyout and venture managers in building strong private equity programs.

These commitments coincide with our 25th anniversary of partnering with highly experienced institutional investors from around the globe to build fully customized portfolios of buyout, venture, and co-investment exposures. Our founding vision of serving a select group of investors and delivering focused private equity mandates in highly engaged partnerships remains remarkably consistent yet distinctive.

Partner Promotions

The quarter-century milestone also coincides with the promotions of John Merrill, Mario Miranda, and Patrick Sherwood to Partner.  John has more than 20 years of experience at endowment-style investment organizations including TIFF, Makena, and Cambridge Associates.  Mario has been with the firm for over 6 years after a prior career at Goldman Sachs. Patrick has nearly 15 years of experience as an institutional LP, including 6 years at the Yale Endowment Office.  Biographies for each can be found at https://www.grovestreet.com/our-team/.

Managing Partner Bruce Ou stated “John, Mario, and Patrick bring deep experience, differentiated insights, and expanded reach, continuing our multi-decade commitment to building a senior team of Partners with complementary skills and perspectives.  They’ve each made meaningful contributions to GroveStreet during their time on the team, and we are excited to have them as Partners.”

Managing Partner and Co-founder Catherine Crockett continued “We formed GroveStreet with alignment, customization, and investor engagement as the core pillars of the firm. Every decision at GroveStreet, from investments to team configuration to technical infrastructure is made with these three foundational pillars at the forefront of our thinking.

It is pleasing to see how our model remains compelling to investors in a PE landscape otherwise focused on asset aggregation. And, it is especially rewarding to work with our talented investors, our venture and buyout teams, and now our newest GroveStreet Partners.”

Learn more about us or reach out to schedule a meeting.