Yellow Wood Partners has raised a second middle-market fund to pursue investments in consumer brands and companies. The fund, Yellow Wood Capital Partners II LP, brought in approximately $370 million in capital committments.
Yellow Wood Capital Partners II LP will invest in a limited number of businesses, “probably no more than five,” according to the firm. Yellow Wood has yet to make any investments from the fund. The fund will target the consumer industry, and may include: beauty and personal care, health and wellness, household, food and beverage, and the pet care industry. Yellow Wood Capital Partners II will invest between approximately $50 million and $150 million in each portfolio company.