Investment Services News

Dextra Partners Announces Formation with $2.5 Billion of Investable Capital from Strategic Partners

Dextra Partners Announces Formation with $2.5 Billion of Investable Capital from Strategic Partners

Founded by the former senior investment team of GoldPoint Partners, Dextra specializes in unlocking access to middle market private equity

Dextra Partners LLC announced its formation as an independent, multi-strategy investment firm focused on providing investors with differentiated middle market private equity opportunities. Headquartered in New York, the Firm has been established with $2.5 billion of investable capital in vehicles managed by Dextra from a select group of strategic partners.

“Middle market private equity firms are continually looking for a partner of choice to help strategically scale their platforms and portfolio companies”

Dextra’s six Founding Partners, who own a controlling interest in the Firm, represent nearly 150 years of collective investment experience across primary fund commitments, secondaries, private debt, structured capital, equity-co-investment, and GP seeding/staking.

Latest Fintech News: Life DeFi Wallet Opens Username Purchases For Users To Directly Receive Digital Assets at Chosen Handles

The Founding Partners previously spent an average of 19 years at GoldPoint Partners, which had $16 billion in assets under management at the time of their departure. The Founding Partners are:

  • Quint Barker: Former Chief Investment Officer at GoldPoint Partners
  • Thomas Haubenstricker: Former Chief Executive Officer at GoldPoint Partners
  • Scott Iorio: Former Managing Principal at GoldPoint Partners
  • Michael Kho: Former Managing Principal at GoldPoint Partners
  • Binayak Mishra: Former Managing Principal at GoldPoint Partners
  • Vijay Palkar: Former Head of the Investment Team at GoldPoint Partners

“We are tremendously grateful to our strategic partners for their significant vote of confidence in our vision,” said the Founding Partners. “Middle market private equity can be a difficult segment to navigate for many investors. We aspire to create a platform that helps a diverse and global investor base access quality investment opportunities in this segment using our time-tested approach.”

Latest Fintech News: Global Financial Leaders Interested To Attend 16th Asian Financial Forum

Dextra seeks to identify and build deep relationships with top-tier middle market sponsors early in their life cycles and is launching with a robust set of established, blue-chip sponsor relationships. The Firm’s integrated coverage model optimizes sourcing and decision-making by facilitating ease of use, transaction insights, and access to subject matter experts.

“Middle market private equity firms are continually looking for a partner of choice to help strategically scale their platforms and portfolio companies,” the Founding Partners said. “Building on our legacy experience, we are committed to providing our partners with flexible capital solutions using our long-term and holistic partnership-oriented model.”

Gibson Dunn & Crutcher LLP served as legal advisor to Dextra. Atlantic-Pacific Capital and Campbell Lutyens & Co. Inc. served as financial advisors.

Latest Fintech News: Improve Customer Experience for Insureds with Tuerri’s New Guidewire Marketplace Accelerator for InsuranceNow

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Kestra Private Wealth Services Welcomes HF3 Wealth Partners

Fintech News Desk

Luma Financial Technologies Introduces Latest Annuity Feature: “Luma Compare”

Fintech News Desk

Orbital Adds Support for USDC on Solana To its Crypto-Commerce Solution

Fintech News Desk
1