Congratulations to L2 Point on the successful close of their oversubscribed inaugural fund, L2 Point Opportunities I. The Fund’s capital, together with its co-investment vehicles, totals nearly $460 million. MPowered Capital is proud to back founder Kerstin Dittmar and the L2 Point team. MPowered Capital began its partnership with L2 Point early on, with the goal of accelerating L2 Point's firm launch and growth. Through our Multiplier Program (“MP²”) we have also provided strategic business development, talent / human capital, and operations advice during the course of our partnership.
L2 Point is thrilled to announce the successful close of our oversubscribed inaugural fund, L2 Point Opportunities I. The Fund’s capital, together with capital raised for related co-investment vehicles, totals nearly $460 million. At L2 Point, we use expertise across the capital structure and an out-of-the-box structuring approach to tailor financing solutions that seek to optimize the cost of capital for growth-stage companies. We are grateful for the support of our institutional investors, and look forward to serving as a partner of choice to management teams navigating the challenges and possibilities of today and tomorrow. Read the full announcement here: https://lnkd.in/gaaeXYBt. #StructuredEquity #PrivateEquity #GrowthEquity #Fundraise