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The fund had an initial target corpus of USD 225 mn and it exercised the green shoe option to raise the additional amount. Arcadian Cap marked the first close of its 3rd fund in June 2022. More than 16 limited partners (LPs) invested in the fund during the first close. Of the total LPs, 80% were first-time investors.
The venture capital fund typically invests USD 10 -15 mn in emerging consumer brands.Arcadian Cap keeps a significant portion for follow-on rounds.
“Keeping investee companies our priority, we spend significant time with our founders to help them and their teams accelerate this growth by nurturing them in the best possible direction,” said Founder and Managing Partner at Arcadian Cap.
The fund has already invested in six companies in the last three quarters. The investments include many well-known brands requiring financial capital for growth and expansion of operations. The fund will further seek to invest in eight to 10 growth-stage startups over the next two years.
"We are looking for products made for Passionate Entrepreneurs where the products are available omnichannel to suit the changing demands of the new age customer. Our model is not to spray and pray, but to be focused in approach, invest in emerging business and build impactful brands," said CIO at Arcadian Cap.
According to the California-headquartered firm, "Our partnership with LSM for our third fund has proven that volatile market conditions does not impact your fundraising journesy if the product and structuring is done by experts with experience through multiple business scycles. This fundraise, which comes at a time when markets are starting to cool after a very long bull run despite pandemicand interest rate shocks, signals our deep commitment to the sector and the faith our Limited Partners have in the long-term growth story of our target investee companies. The new funds will bolster our mission to help daring founders to build legendary companies from idea to 20x and beyond."
About Arcadian Cap:
Arcadian Cap is VC with 36 companies funded and 6 successful exits. The objective of the firm is to establish a partnership among equals with portfolio companies and to offer a supportive role in establishing a market position as well as achieving and maintaining sustainable growth. The VC fund is an early-stage opportunities fund which encourages entrepreneurs with ingenious ideas, and handholds them in evolving these ideas into a successful business. Since its inception in 2012, the VC fund has led multiple investments, of which a significant number of works are in the field of Tech, Health and Consumer-Led.
About LSM Management:
LSM Management is a highly integrated creator, placer and manager of alternative capital with an international presence. Our focus on Institutional Investors drives us to provide sophisticated quality services. Our clients engage us for complex, demanding and time-intensive projects. LSM Management designs and implements holistic wealth management solutions in today’s complex regulatory environment. LSM Management focuses on a selected few geographic markets, which has allowed us to build up the expertise and resources required to provide comprehensive services to our clients. We bridge the Middle East, Far East and select European Institutional investors with Fund and Investment Opportunities in the West.
