PACT Capital Partners acquires minority stake in Graham Partners

The investment is balance sheet capital that is passive, non-voting with a focus to institutionalize Graham Partners - all proceeds were primary, none secondary

Specifically, the investment will allow certain Graham team members to increase their GP commitment to the firm’s funds, as well as their ownership stake in the firm itself

This marks PACT's second GP Stakes investment announced, after announcing its first investment just two weeks ago

Advisors: Graham (Houlihan Lokey, Kirkland & Ellis), PACT (Fried Frank)