In Finance

Two veterans of the consumer industry joined forces last fall to found Prelude Growth Partners (“Prelude”). This week, Neda Daneshzadeh and Alicia Sontag announced the first and final closing of its debut consumer-focused private equity fund, Prelude Growth Partners I, L.P., with $80 million in committed capital. Prelude’s first fund significantly exceeded its target with a rapid fundraise and the support of leading institutional investors including university endowments and charitable foundations, and other prominent institutional investors.

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