Stride Consumer Partners has wrapped its second fund at $550 million, according to Dealbreaker. The close represents a 30% jump over the firm’s 2022 debut fund, according to Dealbreaker.
Fund II: $550 million close and a four-month raise
Stride Consumer Partners’ second fund closed at $550 million, according to Dealbreaker. Dealbreaker reported that the raise took roughly four months.
Dealbreaker also reported that the fundraising “leaned heavily on returning limited partners boosting their commitments.”
Strategy context: consumer focus and prior brand backing
Dealbreaker described Stride Consumer Partners as the backer of Odele, Crown Affair and Skinfix. Dealbreaker also linked to a separate item titled “Stride Consumer Partners Closes $550M Second Fund For Its Next Consumer Deals [Beauty Independent].”
Firm scale: assets under management
Stride Consumer Partners’ assets under management are now about $1.3 billion, according to Dealbreaker.
Widely known context (not sourced)
Private equity firms commonly report assets under management as a snapshot of firm scale across funds and related vehicles.
Fundraising timelines are often described in months to indicate the duration between launch and final close.
