Accolade Partners, a Top Performing Venture & Growth Equity Fund of Funds, Caps Off Year with Two Oversubscribed Vehicles

Firm Closes Its Seventh Flagship Fund and First Dedicated Growth Equity Fund

WASHINGTON, D.C., DECEMBER 13, 2019 –  Accolade Partners (“Accolade”), a venture capital and growth equity investment firm, announced that it has closed two oversubscribed investment vehicles. Accolade Partners VII, LP (“Accolade VII”), the Firm’s flagship venture capital and growth equity fund of funds, held a final close with $300 million in limited partner commitments. Accolade Growth Equity I, LP (“Accolade Growth”), the Firm’s first fund of funds focused solely on growth equity, closed with $280 million in limited partner commitments. Both vehicles will be managed by Joelle Kayden, Atul Rustgi, Aram Verdiyan and Andy Salembier, supported by a team of investment and operations professionals.

“We are pleased with the strong support for our consistent strategy of building top quality concentrated portfolios of mature and up-and-coming funds,” said Managing Partner Joelle Kayden. “Independent thinking has ensured that we maintain our discipline in order to deliver industry leading returns.”

Preqin ranked Accolade its #1 performing fund of fund in Special Report: Private Equity Fund of Funds. Accolade’s 2005, 2008, 2012 and 2015 funds are all top quartile, according to Cambridge Associates benchmarks. Accolade was founded in 2000 and has raised $1.6 billion across eight funds. Accolade’s investors include endowments, foundations and individuals that partner with Accolade to gain exposure to the private equity asset class. Accolade differentiates itself by building a concentrated yet diversified portfolio of top performing and access constrained managers. The Firm focuses on U.S. managers that invest across both technology and healthcare, while selectively making direct investments in portfolio companies.

Accolade’s decision to launch a dedicated growth equity fund of funds capitalizes on its thought leadership in identifying that as an opportunity over fifteen years ago. “We were early in identifying and investing in growth equity, long before it became a distinct asset class. We decided to raise a fund to capitalize on demand from investors to build a dedicated fund of funds that leverages our access to the very best managers in the space,” said Partner Atul Rustgi. “We develop products selectively that fill a need for investors where we know we can deliver the performance people have come to expect from us.”

ABOUT ACCOLADE PARTNERS

Accolade Partners is a leading alternative investment firm dedicated to delivering superior returns by investing in top-tier venture capital and growth equity funds on behalf of endowments, foundations, institutions and individuals. Founded in 2000 and located in Washington, DC, the Firm manages $1.0 billion of capital and is a registered investment advisor. For more information, please visit www.accoladepartners.com.

Media Contact: Andy Salembier, COO, at 202-775-5595 or andrew@accoladepartners.com