L2 Point Management LLC, a private equity firm based in San Francisco, has closed its inaugural structured equity fund, L2 Point Opportunities I LP, at approximately $312 million, surpassing its $300 million target.
L2 Point provides custom financing services for companies across the technology and technology-enabled, consumer, healthcare and media sectors. The company is a woman- and Latina-owned and led business founded by Managing Partner and Chief Investment Officer Kerstin Dittmar.
PJT Park Hill served as placement agent to L2 Point in connection with the fundraise. Proskauer Rose LLP served as legal counsel.