Global investors ranging from pension funds, endowments, foundations, family offices, and asset managers piled into the new fund. Notably, Gemspring’s own team made what it called a “substantial” investment—the largest single commitment to the vehicle—demonstrating conviction in its strategy.
Investor Confidence Soars
“We are grateful for the overwhelming support from both existing and new limited partners,” said Bret Wiener, Gemspring’s founder and CEO. “Their commitment underscores the rising demand for flexible capital solutions that GGS II is designed to meet at scale.”
With approximately $5 billion in assets under management, Gemspring has executed 128 acquisitions since its inception, driven by its team of 75 professionals.
Portfolio in Action
Its portfolio companies include Airswift, a staffing firm for technology and engineering talent; Sitemetric, which delivers workforce safety and security solutions for construction sites; Mantis Innovation, a provider of energy efficiency services; and Bridgeway Connects, an asset-light transportation and logistics company.
Legal Powerhouse Behind the Fund
The fundraising was advised by Sidley Austin LLP, with partners John Muno and Brad Meissen steering the legal side of the transaction.
