EMERALD LAKE CAPITAL MANAGEMENT, L.P.
EMERALD LAKE CAPITAL MANAGEMENT, L.P. is a Series C+, buyout and other fund in the US writing $50M–$90M checks into industrials and services.
- Stages
- Series C+, buyout, other
- Sectors
- industrials, services
- Check size
- $50M–$90M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2018
- Assets under management
- $2B+
- Website
- elcm.com
Thesis
Emerald Lake Capital Management, L.P. is a private equity firm established in 2018, specializing in capital-efficient businesses within the North American industrial and services sectors. Their investment strategy centers on companies with sustainable competitive advantages and strong growth potential. The firm prefers to lead or co-lead control and shared-control investments, utilizing buyouts, growth equity, and add-on acquisitions. They actively avoid competitive auction processes by focusing on proprietary sourcing and close collaboration with management teams. The latest fund, Emerald Lake Capital Partners, closed on April 27, 2026, with $825 million in commitments, exceeding its target and hard cap. The firm manages over $2 billion in equity capital. Emerald Lake Capital Management is headquartered in Santa Monica, California, and operates as a Registered Investment Adviser (RIA).
Common questions
Does EMERALD LAKE CAPITAL MANAGEMENT, L.P. invest at the Series C+ stage?
Yes. EMERALD LAKE CAPITAL MANAGEMENT, L.P. lists Series C+, buyout and other among the stages it invests in.
What check size does EMERALD LAKE CAPITAL MANAGEMENT, L.P. write?
EMERALD LAKE CAPITAL MANAGEMENT, L.P. writes $50M–$90M checks.
Where does EMERALD LAKE CAPITAL MANAGEMENT, L.P. invest?
EMERALD LAKE CAPITAL MANAGEMENT, L.P. invests in the US.