Elevation Partners was a private equity firm that invested in intellectual property, technology and media companies. The firm had $1.9 billion of assets under management. The firm was founded in 2004 and was headquartered in New York City and Menlo Park, California. In the years 2012-2015 their assets were acquired by other companies, with a portfolio under the name Elevation Partners closing in 2015. Some members of the board formed a company called "NextEquity Partners", which invests in similar sites. Rock musician Bono went on to co-found "The Rise Fund", dedicated to improving the United Nations' seven sectors of sustainable development. [1]
Contexts
- 1] [Elevation Partners was co-founded by 📝Roger McNamee.
- 🏷️#venture-fund
