Rising Point Capital Management (“Rising Point” or “the Firm”), a private equity firm focused on investing in and partnering with founder- and family-led field-based services companies spanning the lower middle market, today announced the final close of its inaugural institutional fund, Rising Point Capital Management Fund I (the “Fund”), with $325 million in total commitments.

The Fund was oversubscribed and exceeded its initial hard cap over a period of six months with strong support from a diverse group of institutional investors, including pension plans, foundations, family offices, and funds of funds with additional commitments from members of the Firm.

Rising Point was founded in 2019 and is led by four partners: Michael Drai, Justin Marku, Natalie Greene, and Marc Perez. Prior to the Fund, the Firm deployed capital as an independent sponsor. Since inception, Rising Point has made 27 acquisitions including 9 platform investments spanning multiple service-focused industry verticals, ranging from industrial, energy transition, infrastructure, and environmental and waste, to rental, value-added distribution, commercial services and residential services. The Firm’s four partners have a long history of working together prior to Rising Point, during which time they developed a repeatable process that seeks to invest in, scale, and successfully exit businesses across these industries.

Commenting on the final close of its inaugural institutional fund, the partners of Rising Point stated:

“Since our founding, we have focused on investing in compelling field-based services companies that are looking for a strategic and collaborative partner to help them scale their platforms and drive meaningful long-term growth. In our view, what sets us apart is our transparent, partnership-oriented mindset combined with our extensive experience developing data-driven strategic plans to help companies scale while preserving the foundation that made them successful.

We are grateful for the strong support of our investors and for the confidence they have placed in our team and our differentiated value proposition. We are looking forward to further leveraging our knowledge, deep industry networks and operational experience to help business owners accelerate their next phase of growth.”

M2O Private Fund Advisors served as exclusive placement agent to the Fund, and Kirkland & Ellis LLP provided legal counsel.

About Rising Point Capital Management

Rising Point is a private equity firm focused on investing in field-based services companies spanning the lower middle market. The Firm specializes in partnering with founders and leadership teams to provide guidance, resources, and capital to help them build stronger businesses and unlock meaningful long-term growth. Rising Point is headquartered in Chicago, IL. For more information, visit www.risingpointcapital.com.

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