Avante Capital Partners, a women-owned private credit and structured equity firm, is pleased to announce the completion of a unitranche debt and equity investment in Constellation Advisers, LLC (“Constellation”) to support a significant equity investment by TZP Group, LLC (“TZP”). Founded in 2008 and with its headquarters in New York and centers of excellence in San Francisco, Dallas, Los Angeles, and North Carolina, Constellation is a leading provider of co-sourced and outsourced CFO, accounting, operational, regulatory and compliance support services to a range of alternative and traditional investment management firms and their investors, including private equity funds, hedge funds, credit funds, venture capital funds, family offices, mutual funds, fund of funds, among others. This investment positions Constellation for accelerated growth across the U.S. and internationally, and reinforces the firm’s commitment to delivering exceptional service to its expanding client base.
“We are extremely excited to partner with TZP and Constellation’s Co-Founders Boris Onefater and Greg Farrington. Boris and Greg have built a best-in-class business over the last 12 years and with TZP’s experience growing scale and improving the strategic position of founder-run companies, we have the utmost confidence that Constellation’s robust growth trajectory will continue as they deliver superior service to an expanding client base,” said Ivelisse Rodriguez Simon, Managing Partner at Avante Capital Partners.
About Avante Capital Partners
Avante Capital Partners is a women-owned private credit and structured equity fund. We invest between $5 million and $25 million of capital in the form of unitranche or one-stop debt, mezzanine debt and minority equity.
About Constellation Advisors LLC
Constellation Advisers, LLC is a premier co-sourced and outsourced investment management consultancy with a boutique firm approach. Founded in 2008, the firm draws from decades of experience in investment management and financial services. Constellation is the leading provider of outsourced CFO, accounting, operational, regulatory and compliance support services to a range of alternative and traditional investment management firms and their investors, including private equity funds, hedge funds, credit funds, venture capital funds, family offices, mutual funds, fund of funds, among others. With its headquarters in New York and centers of excellence in San Francisco, Dallas, Los Angeles, and North Carolina, Constellation services over 450 clients across the United States and internationally. For more information, please visit www.constellationadvisers.com.
About TZP Group, LLC
Founded in 2007, TZP Group, LLC is a private equity firm focused on investments in leading U.S. based business and consumer services companies. TZP targets companies with solid historical profitability and sustainable value propositions, and seeks to be a “Partner of Choice” for business owners and management teams. TZP seeks to invest primarily in closely held, private companies where the owners desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability and maximize the value of their retained stake. TZP leverages its professionals’ operating and transaction experience to provide strategic and operational guidance, which leads to long-term value creation. For more information, please visit www.tzpgroup.com.