MPowered Capital has held a final close for its MPowered Capital Access Fund I with $110 million in committed capital.
The fund, which received support from institutional investors, including foundations, family offices, and the consultant community, seeks to generate superior risk-adjusted returns through investments in diverse talent in private alternatives.
As of the final close, the fund has invested in or alongside 11 diverse investment managers, including L2 Point Management, Sidereal Capital, Kinzie Capital and Collide Capital.
“With each investment, we witness the momentum an emerging manager gains as a result of a GP structured partnership, or what a direct investment alongside underfunded but experienced diverse talent means to bolster their independent track record,” said Marcia Page, founder and CEO of MPowered. “This is