FitzWalter Capital (“FitzWalter”) is pleased to announce that it has reached final close of its inaugural fund, FitzWalter Capital Partners I (the “Fund” or “FWCP I”) at its hard cap of $920m.
FitzWalter is a global private investment firm, established in 2020 by a group of senior members of Macquarie’s CAF Principal Finance business, including the Global Head of that business from its inception in 2009. It has offices in London, New York and Hamburg and its 5 partners bring together 75 years of aggregate investing experience.
FWCP I launched in December 2020 and held its final close in August 2021. The Fund attracted commitments from a globally diverse group of top-tier institutional investors, including European, North American, Asian, and Australian investors across a range of institution types, including endowments & foundations, family offices, private pensions, public pensions, asset managers and sovereign wealth funds.
FitzWalter provides capital and capability, supporting management teams in unlocking the full potential of a business or asset, particularly in contexts of complexity, transition and other special situations. Since fundraising it has completed a number of investments in the business services and aircraft leasing sectors.
Ben Brazil, co-founder of FitzWalter, said “we are very pleased to have successfully raised FWCP I, and are deeply appreciative of the faith placed in us by our world class investor base. Our commitment is to invest their capital with the utmost respect, and we are excited about our investments to date as demonstrations of that commitment.”
Alexander Rayden, Senior Managing Director of Evercore Private Funds Group, commented, “We are delighted to have advised FitzWalter on their highly successful inaugural fundraise. The level of LP interest has been extraordinary from the outset and a debut fund reaching its $920m hard cap in only 8 months, significantly over the target of $500m, speaks for itself about the calibre of the team at FitzWalter.”
Evercore Private Funds Group acted as the exclusive global placement agent for the fundraise. Debevoise & Plimpton LLP acted as legal counsel to FitzWalter.