Interlock Equity Closes Its Inaugural Fund Oversubscribed at $390 Million
Press release issued by Interlock Equity in respect of Interlock Fund I, L.P.
September 11, 2023, For immediate release
Interlock Equity (“Interlock”), a Los Angeles, California-based private equity firm focused on investing in lower-middle people-based businesses, announced the final closing of its inaugural fund, Interlock Fund I, LP (the “Fund”), at over $390 million in capital commitments. The Fund was oversubscribed and secured commitments from a diverse base of endowments, foundations, family offices, gatekeepers, pension, insurance, and fund of funds.
“We are beyond grateful for the immense support we’ve received from our new limited partners and look forward to continuing to partner with people-based businesses and help drive transformational growth,” commented Rob Zielinski, co-founder, and Managing Partner of Interlock.
Acalyx Advisors Inc. served as exclusive placement advisor.
Kirkland & Ellis LLP served as legal counsel to Interlock.
About Interlock Equity
Headquartered in Los Angeles, CA, Interlock invests in lower middle market people-based businesses delivering knowledge and expertise through mission-critical B2B & healthcare services in growing markets. The Firm seeks to partner with founders and leverage its deep roster of Operating Partners to help companies at inflection points professionalize and accelerate growth. To date, Interlock has invested in 3 portfolio companies. For additional information, please visit interlockequity.com.
About Acalyx Advisors
Acalyx is a highly selective independent firm specializing in advisory, private placement, and investor relations for leading alternative asset management firms. The firm is led by seasoned professionals who have collectively raised and advised on over $90 billion across several strategies, including buyout, special situations, and credit. For additional information, please visit www.acalyx.com.
