ABS Capital Partners Overview and Fund Information

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ABS Capital Partners is a private equity firm that focuses on investing in growth-oriented businesses. The firm was founded in 1998.

ABS Capital Partners has a long history of investing in successful companies, with a proven track record of generating strong returns for its investors.

Investments and Exits

ABS Capital Partners has been actively investing in various companies, with a total of 169 investments to their name. Their latest investment was in Cariloop as part of their Series C on April 09, 2024.

Their portfolio includes a range of successful exits, with a total of 72 portfolio exits. This is a notable achievement, demonstrating the firm's ability to identify and nurture successful companies.

ABS Capital Partners' latest portfolio exit was IRIS.TV, which was acquired by Viant Technology on November 12, 2024. This exit highlights the firm's ability to identify and capitalize on opportunities in the market.

One of their notable exits was PowerReviews, which was acquired by 1WorldSync on August 22, 2023. Viventium, another company in their portfolio, was acquired by LLR Partners on January 31, 2023.

Here are some key statistics on ABS Capital Partners' investments and exits:

Fund Information

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ABS Capital Partners has a total of 11 funds, including the First Continuation Fund.

The funds have varying statuses, with some being open and others having restricted information. For example, ABS Capital Partners VIII and ABS Capital Partners VIII-B are both open, with a closing date of July 25, 2016, and an amount of $149.8M.

The funds also have different types, such as late-stage venture capital.

Here's a breakdown of the fund types and statuses:

Fund History

ABS Capital Partners has a total of 11 funds, including the First Continuation Fund.

The First Continuation Fund was closed on October 13, 2023.

ABS Capital Partners VIII and ABS Capital Partners VIII-B were both closed on July 25, 2016, with a total of $149.8 million in funding.

The status of ABS Capital Partners VIII is currently open.

The sources of information for ABS Capital Partners VIII are listed as 2.

Here is a list of the funds with their closing dates:

  • First Continuation Fund: October 13, 2023
  • ABS Capital Partners VIII: July 25, 2016
  • ABS Capital Partners VIII-B: July 25, 2016
  • ABS Capital Partners VII LP: October 28, 2011
  • ABS Capital Partners VI LP: June 22, 2009

Details

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When reviewing fund information, it's essential to consider the details that can impact your investment decisions.

Relying on a Reg D exemption is a common practice for many funds, including Abs Capital Partners Vii, LP, which relies on this exemption.

Beneficial owners can significantly influence a fund's direction, with Abs Capital Partners Vii, LP having 80 beneficial owners.

Management ownership can also play a crucial role, with Abs Capital Partners Vii, LP's management holding a mere 6% stake.

Fund of fund ownership can be a complex aspect, with 30% of Abs Capital Partners Vii, LP being owned by other funds.

Non-US ownership can also impact a fund's operations, with Abs Capital Partners Vii, LP having 11% non-US ownership.

An auditor's role is critical in ensuring a fund's financial accuracy, with Rsm LLP serving as the auditor for Abs Capital Partners Vii, LP.

Custodians are also essential in managing a fund's assets, with Merrill Lynch, Pierce, Fenner & Smith Incorporated serving as the custodian for Abs Capital Partners Vii, LP.

Frequently Asked Questions

Who owns ABS Capital?

ABS Capital was founded by Don Hebb and Tim Weglicki in 1990 with initial funding from Alex. Brown. The firm's ownership structure is not publicly disclosed.

Did ABS Capital close the first continuation fund?

No, ABS Capital closed a continuation fund, but it's not specified if it was their first. The fund allowed them to extend their ownership of two portfolio companies, including LabConnect, Inc.

Krystal Bogisich

Lead Writer

Krystal Bogisich is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for storytelling, she has established herself as a versatile writer capable of tackling a wide range of topics. Her expertise spans multiple industries, including finance, where she has developed a particular interest in actuarial careers.

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