H
LP profile
Headlands
Private equity · Founded 2006 · San Francisco, United States
45
VC firms backed
$100M
AUM
01 · Background
Who Headlands is.
- Historical Background
- Headlands Capital was founded in 2006 by David Park and David Cost. It is a boutique investment firm with its headquarters in San Francisco.
- Allocation Strategy
- The firm's asset classes include a small-cap constructive activist fund and a private equity secondary investment program. The Headlands Strategic Opportunities Fund, LP employs a conviction-based, constructive partnership approach to small-cap investing. The firm manages over $750 million in assets under management (AUM) across its two main investment strategies.
02 · Fund commitments
The funds Headlands backs.
Headlands is a limited partner in 45 funds. 10 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Sequoia Capital
#2 Power Law
Accel
#4 Power Law
New Enterprise Associates
#8 Power Law
TCV
#67 Power Law
Menlo Ventures
#75 Power Law
Threshold Ventures
#115 Power Law
ARCH Venture Partners
#124 Power Law
DCM
#154 Power Law
Highland Capital Partners
#192 Power Law
Adams Street Partners
#331 Power Law
Adams Capital Management
Apax Partners
Apollo Global Management
Banexi Ventures Partners
Carlyle Cardinal Ireland - CCI
DFJ Athena
HQ Capital
Longreach Capital Partners
Schroders Capital
ZEPHYR PEACOCK
03 · Allocation
How Headlands’ fund book is spread.
The 45 funds Headlands backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 3782%
- Europe 511%
- Rest of world 37%
United States 37 · United Kingdom 2 · France 1 · Germany 1
How established those managers are
Managers grouped by how many funds they have raised — across the 19 of 45 with a fund history on record.
Emerging funds · 5
Established funds · 14
1
1
3
2
1
3
1
4
2
5-6
5
7-9
2
10-14
4
15+
Funds raised by the manager
04 · Direct investments
The companies Headlands backs directly.
Headlands holds 1 company directly, separate from the funds it commits to as a limited partner.
Lindblad Expeditions
$2.6B valuation
Unicorn
05 · Other LPs
Other LPs.
Other private equity fund investors in the Power Law LP ranking, closest to Headlands by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Goldman Sachs Asset Management
$2.8T AUM
41 VC funds backed
🇺🇸
GroveStreet
$6.7B AUM
80 VC funds backed
🇬🇧
Pearl Holding
$1.4B AUM
78 VC funds backed
🇨🇭
Castle Private Equity
$1.6B AUM
33 VC funds backed
🇺🇸
BlackRock
$14T AUM
35 VC funds backed
🇬🇧
Schroders Capital
$997B AUM
31 VC funds backed
🇺🇸
Breyer Capital
$1.5B AUM
3 VC funds backed
🇺🇸
Bain Capital
$185B AUM
10 VC funds backed