Growth Equity comprises a broad range of investments across the private markets, typically having higher revenues and lower risk than early-stage venture but without the fully mature, debt-supported businesses of our buyout portfolio. In many cases, these are software or tech-enabled services companies that have ‘graduated’ from venture stage and are scaling rapidly at the time of investment. Our growth portfolio also consists of non-technology businesses across traditional industries such as food & beverage, energy and consumer services, that are at an early stage and have not yet reached maturity. At growth stage, investments are typically made into treasury for business expansion and generally for minority positions, without significant debt.
Currently, the Kensington Private Equity Fund remains open to new investors seeking to participate in Kensington’s ongoing investments in this sector.