Zeal Capital Partners announces close of $82M Fund II
Zeal Capital Partners has closed its second fund at $82 million, with plans to invest in 25 early-stage companies, supported by notable limited partners like Citi Impact Fund, M&T Bank, Wells Fargo, and Spelman College.
MAIN POINTS
- Zeal Capital Partners raised $82 million for its second fund.
- Limited partners include Citi Impact Fund, M&T Bank, Wells Fargo, and Spelman College.
- The fund aims to invest in at least 25 early-stage companies.
- Investment check sizes will range from $1 million to $2.3 million.
TAKEAWAYS
- Zeal Capital Partners focuses on early-stage company investments.
- The fund's diverse limited partners enhance its investment credibility.
- Significant capital is allocated to support early-stage business growth.
- The fund's strategy includes substantial individual investment amounts.