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Sundance Growth doubles up with $250M Fund II close

What's the deal? Sundance GrowthDealroom has a profile for this one. Try Dealroom → has closed its second fund at $250 million, doubling the size of its flagship growth equity strategy. The close came just 15 months after the firm wrapped its debut raise.

Why now? The quick turnaround signals strong investor appetite for the strategy. Sundance returned to market barely over a year after its first fund, and doubled its target.

The signal: A first-time manager doubling its fund size in under two years points to demand for growth equity among limited partners despite a tighter fundraising environment.

Read more: altassets.net

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