Stage Capital

About The Fund

Stage Capital is an independent private equity, real estate and venture capital investment firm, originally founded in 2000, with a focus on European markets. They are known for backing management teams to collaboratively develop and grow businesses. Their investment activities are mainly concentrated in a variety of industries including Software (spanning Web Marketplaces, SaaS, etc.), Media, Business Solutions, Hardware (including Manufacturing), HealthTech (along with Fitness), Material Science, Real Estate (and Construction), Mobile, and Consumer sectors. As specialists in direct and complex secondary investments in the mid-market segment, they provide a full spectrum of liquidity solutions tailored for both incumbent General Partners (GPs) and Limited Partners (LPs). The firm demonstrates expertise in finding structured solutions, GP-led restructurings, real estate investments, and acts as replacement GP when necessary while integrating ESG practices into their investment approach. Stage Capital's strategic operations encompass management buyouts, emerging growth, management buy-ins, institution led buy-outs, growth capital, recapitalizations, development capital, restructuring, turnarounds, and add-on acquisitions in small to medium-sized companies. The firm boasts a significant track record of managing complex secondary positions both through funds and on balance sheets. Their first fund, Stage Capital (Laurel) LP, included a capital injection of over €300 million from Goldman Sachs Asset Management and Glendower Capital for the acquisition of direct private equity interests from NBG. They have also managed a fund for the secondary acquisition of Polish real estate. Both of Stage Capital's first and second funds are reported as top quartile performers as of Q2 2023 with regards to industry benchmarks.