Summit Partners Closes Latest Europe and Venture Capital Funds

Summit Partners Europe Growth Equity Fund III closed at its hard cap with €1.1 billion in total commitments and Summit Partners Venture Capital Fund V closed at its hard cap with $1.0 billion in total commitments, bringing total capital raised to more than $7 billion since 2019. Both funds were significantly oversubscribed.

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Melanie Whelan Named New Managing Director

Melanie Whelan has joined the firm as a Managing Director focused on investment opportunities in high-growth consumer and technology-enabled services. Prior to Summit Partners, Ms. Whelan served as CEO of SoulCycle.

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Andrew Collins and Matt Hamilton Named to GrowthCap’s 40 Under 40 Growth Investors of 2020 List

Summit Managing Directors Andrew Collins and Matthew Hamilton were named to GrowthCap’s “Top 40 Under 40 Growth Investors of 2020” list. GrowthCap evaluated breadth of experience as well as feedback from CEOs and other executives in determining the 40 individuals named to this year’s list.

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Ross Stern Named Rising Star by Mergers & Acquisitions

Ross Stern, a Principal in Summit’s Boston office, was named to Mergers & Acquisitions ’ 2020 Rising Stars of Private Equity list. Ross was recognized for his role in sourcing and structuring nine investments in healthcare companies since joining Summit in 2009, representing nearly $1.3 billion in invested capital.

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Antony Clavel Named a Rising Star of European Private Equity

Antony Clavel, a Principal in Summit’s London office, was named one of the “2020 Rising Stars of European Private Equity” by Financial News and Private Equity News.

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Summit Hosts 2020 Women in Growth Equity Day

Summit Partners welcomed nearly 250 students to its virtual Women In Growth Equity: Reach Your Summit program.

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