Probitas Partners is an independent, global advisory firm founded in 2001. The company is focused on raising capital as a
placement agent
A private placement agent or placement agent is a firm assisting fund managers in the alternative asset class (e.g., private equity,private equity fund sponsors as well as providing portfolio management and liquidity solutions, through the private equity secondary market, for investors in
private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...
. The firm operates through three primary businesses: fund placement, portfolio management and secondary advisory. In 2002, the firm established a European placement business.
Probitas Partners identifies and raises capital for some alternative fund managers across multiple strategies. Among the notable private equity firms that Probitas has represented in fundraising are:
Alta Partners
Alta Partners is a venture capital firm based in San Francisco which invests primarily in biotechnology and life science companies.
History
The company was founded in 1996 by Dr. Jean Deleage, Ph.D., who was also a founder of the venture capi ...
,
CIVC Partners
CIVC Partners, previously known as Continental Illinois Venture Corporation, is a Chicago-based private equity firm that presently has over $1.8 billion of equity capital under management. The firm's predecessor was established in 1970 as a subs ...
,
Granite Ventures
Granite Ventures is a venture capital firm with offices in San Francisco, California. Granite's predecessor H&Q Venture Associates, founded in 1992, was the venture capital investment arm of Hambrecht & Quist, a leading technology oriented inve ...
Panorama Capital
CCMP Capital is an American private equity investment firm that focuses on leveraged buyout and growth capital transactions. Formerly known as JP Morgan Partners, the investment professionals of JP Morgan Partners separated from JPMorgan Chase o ...
.
In 2015, Probitas Partners announced the promotion of four new managing directors who will continue managing the growth of the firm. It was reported that "these promotions are in recognition of contributions to the success of the firm and in anticipation of continued success on behalf of our fund sponsor and institutional investor clients".