USA – Menlo Park, CA and Boston, MA-based private equity firm Crosspoint Capital Partners, LP, closed Crosspoint Capital Fund I, its first investment fund, at $1.3 billion.
The vehicle is focused on the cybersecurity, privacy and infrastructure software sectors, making control buyouts, minority growth equity investments, as well as corporate carve-outs and structured investment opportunities.Led by Managing Partners Greg Clark, Ian Loring, Steve Luczo, Matt MacKenzie and Hugh Thompson, Crosspoint expects to have a concentrated portfolio of investments in Fund I given the firm’s focus on operations and value creation post-investment. The first investment was made in Forescout Technologies, Inc., a cybersecurity company focused on providing an active defense for the enterprise of things. 13/04/2021
