POMONA CAPITAL
POMONA CAPITAL is a Series C+, secondary and buyout fund in Global writing $5M–$200M checks into private-equity.
- Stages
- Series C+, secondary, buyout
- Sectors
- private-equity
- Check size
- $5M–$200M
- Invests in
- Global
- Actively investing
- Yes
- Founded
- 1994
- Assets under management
- $20B
Thesis
Their strategy focuses on acquiring mature, high-quality assets, often at a discount to NAV, to enhance returns and lower risk. They also engage in primary fund commitments and co-investments. Pomona Capital handles various secondary transaction types, including LP interest purchases, GP-led continuation vehicles, structured secondaries, and portfolio sales, emphasizing quality, price, and selectivity for risk-return asymmetry and a margin of safety. With offices in New York, London, and Hong Kong, they serve an international investor base. As of December 31, 2024, they have approximately $20 billion in aggregate capital commitments across sponsored funds and separate accounts, and manage a $6 billion business for primary investments. Their tenth secondary fund, Pomona Capital X, L.P., closed with $2.6 billion in commitments, and their latest flagship, Pomona Capital XI, is targeting $3 billion. Secondary transaction sizes historically range from $5 million to over $200 million, with an average of $60 million for Funds VIII-X and a largest transaction of $750 million.
Common questions
Does POMONA CAPITAL invest at the Series C+ stage?
Yes. POMONA CAPITAL lists Series C+, secondary and buyout among the stages it invests in.
What check size does POMONA CAPITAL write?
POMONA CAPITAL writes $5M–$200M checks.
Where does POMONA CAPITAL invest?
POMONA CAPITAL invests in Global.