CAZ Investments, a $3 billion Houston-based investment manager, and Bonaccord Capital Partners, a private equity firm, announced the successful closing of the CAZ Private Equity Ownership Fund III (PEO III) with approximately $485 million in capital commitments. Capital raised in the fund will be invested in Bonaccord Fund 1 and co-investment opportunities.
PEO III is the third dedicated fund investment focused on acquiring minority ownership stakes in the general partner (GP) of private market firms. The fund provides investors a way to share in the ownership of nine middle-market franchises in the private investment universe and enables unique access to Bonaccord and co-investments.
Bonaccord focuses on making strategic minority investments in leading mid-sized alternative asset managers across private equity, private credit, real estate and real assets globally.
