Overview
Fairview Capital Partners was founded in 1994 by JoAnn Price and Laurence Morse, making it one of the longest-established diverse-owned private equity fund-of-funds managers in the United States. The firm is headquartered in West Hartford, Connecticut, and manages approximately $10 billion in assets across private equity, venture capital, and growth equity strategies.
Fairview invests through commingled fund-of-funds vehicles and customized separate account mandates. The firm’s investment philosophy centers on identifying top-performing GPs across the market, with a particular expertise in sourcing and evaluating diverse and emerging managers that larger fund-of-funds platforms may overlook. Fairview’s track record demonstrates that diverse managers can deliver institutional-quality returns, and the firm has played a meaningful role in expanding LP capital access for underrepresented fund managers.
The firm’s portfolio spans primary fund commitments, secondary purchases, and co-investments. Fairview has committed capital to hundreds of private equity and venture capital partnerships over three decades, building deep relationships with both established and emerging GPs.
How to Approach
GPs seeking allocations from Fairview Capital should recognize that the firm applies rigorous institutional due diligence regardless of manager background. Fairview evaluates investment strategy, team cohesion, track record attribution, portfolio construction, and fund terms with the same standards as any top-tier fund-of-funds manager.
Emerging managers and diverse-owned firms will find Fairview to be a knowledgeable and experienced partner, but the firm is not a check-the-box investor. GPs should be prepared to present a clear, differentiated investment thesis, demonstrate relevant prior experience, and articulate their edge in sourcing and executing deals. Fairview’s team conducts extensive reference checks and portfolio-level analysis before making commitment decisions.
Frequently Asked Questions
What is Fairview Capital's approach to diverse and emerging managers?
Fairview Capital has been a pioneer in investing with diverse and emerging private equity and venture capital managers since its founding in 1994. The firm was among the first institutional-quality fund-of-funds to systematically identify and invest in high-performing managers from underrepresented backgrounds. Fairview evaluates diverse managers using the same rigorous criteria it applies to all GP relationships, focusing on investment track record, team quality, and strategy differentiation.
Who are Fairview Capital's typical LP clients?
Fairview Capital manages capital for a range of institutional investors including public pension funds, corporate pension plans, endowments, and foundations. Many of Fairview's clients are large state pension systems that have specific mandates or goals around manager diversity, though the firm's primary investment criterion remains risk-adjusted return generation.
What fund sizes does Fairview Capital typically commit to?
Fairview Capital invests across a range of fund sizes but has particular strength in backing small and mid-market managers raising between $100 million and $2 billion. The firm's individual commitment sizes typically range from $5 million to $50 million per fund, depending on the vehicle size and strategy.
