Keep pulling the thread on Scott Farden.
Charles Bank Capital Partners strategically shifted from the lower middle market to the upper middle market by quintupling its flagship fund size and launching new tech and credit products.
Charles Bank Capital Partners supported the Nonantum spin-out by allowing founder John Biotti full attribution for his 20-year track record.
All partners at Charles Bank Capital Partners invested in Nonantum's Fund I and Fund II, signaling strong support to their own LPs.
Nonantum Capital Partners raised its first fund in approximately 45 days without making a single outbound call to investors.
Nonantum Capital Partners raised a $650 million second fund in late 2021 and plans to raise a third fund of $750-800 million later this year.
Nonantum's executive partners are members of the GP, have carry in the funds, hold a vote on the investment committee, and sit on portfolio company boards.
Nonantum's first fund consisted of 55% legacy LPs from Charles Bank and 45% new LPs.
Scott Farden believes that efficient back-office operations can add Alpha to a private equity portfolio by freeing up the investment team's time.
BlackRock acquired State Street Research as one of its first major acquisitions when it began its acquisition strategy.
The startup hedge fund Scott Farden was part of wound down in 2009 after taking a large drawdown during the great financial crisis.
Jim Pallotta's firm, Raptor, which was spun out of Tudor Investments, planned to launch with a $7 billion long-short equity fund.
When Scott Farden joined Providence Equity, the firm managed approximately $40 billion globally across eight offices.