Braemont Capital, a private investment firm that partners with founders, families and ownership-focused management teams to invest in companies at growth inflection points, has closed Braemont Partners I with approximately $525 million in total capital commitments.

Braemont uses an investment strategy leveraging experience, research and relationships to identify investment opportunities. The firm’s investments focus on defensive growth niches where it has prior or developed experience across the technology, business services and financial services sectors. The fund surpassed its initial $500 million target, making it the largest growth equity fund raised in Texas history, according to Braemont.

“The closing of our first growth equity fund is an important milestone for Braemont and allows us to continue supporting entrepreneurs seeking investors who can serve as genuine strategic and value-added partners,” states Robert Covington, managing partner.