CAZ Investments, a Houston-based registered investment advisor, has made a $350 million commitment to Bonaccord Capital Partners, a private equity firm focused on acquiring non-controlling equity interests in leading mid-sized alternative asset managers.
“We believe GP stakes represents a cornerstone allocation for an investor’s portfolio that delivers substantial diversification across private equity, private credit, real estate and real assets, as well as across geography and industry,” said Christopher Zook, chairman and CIO at CAZ. We hold the strong view that the compelling attributes of GP stakes provides both tremendous long-term upside while allowing better insulation for investors from any market downturns.”
CAZ and Bonaccord’s long-term strategic partnership has resulted in more than $1 billion in aggregate capital commitments since 2020.