What started as a small, pass-the-hat-around fund of funds open to friends and colleagues of investment banking executive Brett Paschke (pictured) has led to the launch of a money manager and a far more substantial successor fund. Expect the firm to hire an analyst or two over the next 12 months.
Lake-Forest, Illinois-based WinForest Partners is close to reaching its $105 million hard cap for WinForest Fund II LP. Joe Dimberio, a long-time fund-of-funds executive who signed on as partner in August, said that the fund launched in the early fall with a target of $75 million. He expects to hold a final close next month.
Continue reading “Ex-William Blair, Twin Bridge executives raise second fund of funds”
