Summary:
- Pacific Avenue Capital Partners closes its second fund, Pacific Avenue Fund II, with over $1.65 billion in committed capital, including a sidecar vehicle for European opportunities.
- The investor base of Pacific Avenue Capital Partners includes a diverse group of global institutions, and the firm has extensive M&A and operations experience in the middle market.
- Led by Chris Sznewajs, Pacific Avenue Capital Partners focuses on corporate divestitures and complex situations to generate value through operational improvement and accelerated growth.
Article:
Pacific Avenue Capital Partners, a private equity firm based in Los Angeles, recently announced the successful closing of its second fund, Pacific Avenue Fund II, with more than $1.65 billion in committed capital. This fund also includes a sidecar vehicle of over €100 million for pursuing opportunities in Europe, showcasing the firm’s global reach and strategic investment approach.
The investor base of Pacific Avenue Capital Partners is diverse and includes various global institutions such as public pensions, consultants, endowments, foundations, insurance companies, funds of funds, and family offices. This wide range of investors reflects the firm’s strong reputation and track record in the middle market for navigating complex transactions and generating value through operational improvement, capital investment, and accelerated growth.
Led by Founder and Managing Partner Chris Sznewajs, Pacific Avenue Capital Partners is known for its expertise in corporate divestitures and other complex situations. With approximately $3.8 billion in Assets Under Management (AUM) as of July 31, 2025, the firm has a proven track record of success, having closed over 120 transactions, including over 50 corporate divestitures, across various industries.
Headquartered in Los Angeles with offices in Paris, France, Pacific Avenue Capital Partners is well-positioned to continue its growth and success in the private equity market. The recent closing of Fund II and the European sidecar further solidify the firm’s position as a key player in the industry, with a focus on creating value for its investors and stakeholders.
Overall, Pacific Avenue Capital Partners’ latest achievements demonstrate its commitment to excellence, innovation, and strategic growth in the private equity sector. With a strong team and a proven track record, the firm is well-equipped to navigate the complexities of the market and continue delivering value for its investors and partners.