Coalesce Capital Closes Inaugural Fund with $900 Million in Capital Commitments

Coalesce Capital, a private equity firm focused on investing in human capital-driven and technology-enabled services companies, announced today it has successfully closed its first fund, Coalesce Capital Fund I LP, along with parallel vehicles, amassing a total of $900 million in capital commitments.

The fund, which exceeded its initial target of $750 million, garnered investor commitments within nine months. As a result, Coalesce now manages approximately $1.0 billion in regulatory assets. The globally diversified investor base includes endowments, foundations, healthcare and pension systems, financial institutions, and entrepreneurs.

Stephanie Geveda, Founder and Managing Partner of Coalesce, commented:

Coalesce was formed to partner with ambitious entrepreneurs leading human capital- and technology-enabled services businesses. Our goal is to accelerate the growth of these companies by applying our financial capital and collaborative value creation approach

Coalesce has already made its initial investment in Examinetics, a prominent provider of occupational health compliance testing services.