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Company type | Private Ownership |
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Industry | Private Equity, Infrastructure, Real estate, Hedge funds |
Founded | 2001 |
Founder | Greg Hausler, Michael Hoffmann, Craig Marmer |
Headquarters | San Francisco, California, United States |
Products | Fund Raising, Portfolio Management, Secondary Advisory, Research |
Number of employees | 50+ |
Website | www.probitaspartners.com |
Probitas Partners is an independent, global advisory firm founded in 2001. The company is focused on raising capital as a placement agent for private equity fund sponsors as well as providing portfolio management and liquidity solutions, through the private equity secondary market, for investors in private equity. The firm operates through three primary businesses: fund placement, portfolio management and secondary advisory. In 2002, the firm established a European placement business.
Probitas Partners identifies and raises capital for some alternative fund managers across multiple strategies. Among the notable private equity firms that Probitas has represented in fundraising are: Alta Partners, CIVC Partners, Granite Ventures, KRG Capital, Littlejohn & Co., MidOcean Partners, and Panorama Capital.
In 2015, Probitas Partners announced the promotion of four new managing directors who will continue managing the growth of the firm. It was reported that "these promotions are in recognition of contributions to the success of the firm and in anticipation of continued success on behalf of our fund sponsor and institutional investor clients".
References
- New firm focuses on private equity investments. San Francisco Business Times, September 21, 2001
- Probitas to Step Up European Private Placement Business. Dow Jones Financial News, Feb 19, 2002
- Only includes firms covered in Misplaced Pages. Source: Probitas Fund Closings and Events Archived 2009-02-07 at the Wayback Machine (Company website)
- "Probitas Partners Global Growth Continues With the Announcement of New Managing Directors". www.businesswire.com. 2018-05-24. Retrieved 2020-04-14.
- Seconda anyone? Infrastructure Investor, May, 2009
- Probitas patents 'counterparty' liquidity product . Private Equity Online, March 16, 2009
- Probitas patents 'counterparty' liquidity product Private Equity Real Estate, March, 2009
- In A World Of Reduced Appetites, Distressed Debt and Secondary Funds Come To The Fore. PE Hub, January 20, 2009
- The Private Equity Secondaries Market, A complete guide to its structure, operation and performance The Private Equity Secondaries Market] PEI Media, 2008
- Small portions, Forbes Magazine April 2008
- A Second(ary) Chance for Venture Capital. BusinessWeek.com, 2009
- DiNapoli’s Ban: A Placement Agent Responds. WSJ.com April 22, 2009
- For real this time – transactions in the real estate secondary market set to grow The Institutional Real Estate Letter, June 2008
- Former UBS Executive Joins Probitas Partners New York Times Deal Book, April 9, 2007
- Bank of America to list fund of funds on Euronext exchange May, 2007
- Will Placement Agents Push Themselves right Out of a Job?. Reuters Buyouts, December 12, 2005
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