VSS FUND MANAGEMENT LLC
VSS FUND MANAGEMENT LLC is a Series C+ and buyout fund in the US writing $20M–$50M checks into Healthcare, business-services and education.
- Stages
- Series C+, buyout
- Sectors
- Healthcare, business-services, education
- Check size
- $20M–$50M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 1981
- Assets under management
- $4 billion
Thesis
VSS FUND MANAGEMENT LLC, operating as VSS Capital Partners, is a private investment firm established in 1981 and headquartered in New York City. The firm specializes in partnering with founder-owned, lower middle-market companies, primarily in North America, across three core verticals: healthcare, business services, and education. VSS provides flexible capital solutions through a 'Structured Capital' approach, combining debt and equity instruments (senior debt, mezzanine debt, preferred equity, common equity) to offer downside protection and upside potential. They target companies with an EBITDA between $3 million and $15 million, with investment sizes ranging from $20 million to $50 million. VSS emphasizes active partnership with management teams, leveraging operational, financial, and industry expertise, as well as an extensive network, to drive long-term value creation. The firm has managed approximately $4 billion in committed capital across eight funds, including equity and structured capital vehicles. VSS Structured Capital Fund IV, for example, closed at $530 million.
Common questions
Does VSS FUND MANAGEMENT LLC invest at the Series C+ stage?
Yes. VSS FUND MANAGEMENT LLC lists Series C+ and buyout among the stages it invests in.
What check size does VSS FUND MANAGEMENT LLC write?
VSS FUND MANAGEMENT LLC writes $20M–$50M checks.
Where does VSS FUND MANAGEMENT LLC invest?
VSS FUND MANAGEMENT LLC invests in the US.