Gallant Capital was formed to make control investments in sectors where its team of investment professionals has extensive experience and relationships, like technology, aerospace and defense, business services, and industrials
FREMONT, CA: Los Angeles-based private equity firm Gallant Capital Partners closed its inaugural fund at USD 378 million. The fund reached its hard cap and was substantially oversubscribed, exceeding the USD 300 million target. Investors include public and corporate pension funds, financial institutions, insurance companies, endowments and foundations, fund-of-funds, wealth managers, and family offices from North America and Europe. The company was formed in 2018 and is led by Jon Gimbel, Anthony Guagliano, and Desmond Nugent.
Gallant Capital was formed to make control investments in sectors where its team of investment professionals has extensive experience and relationships, like technology, aerospace and defense, business services, and industrials. The company deployed an operationally-focused investment strategy and has completed ten investments since its inception. Gallant Capital Partners will use the proceeds from the maiden fund to pursue investment opportunities where it can partner with founders and operators, as well as corporate sellers, and leverage its experience to drive operational transformations and value creation.
The company’s deep bench of operational and investment resources provides the much-needed support that is often unavailable in the lower middle market. Park Hill Group served as a placement agent, and Kirkland & Ellis LLP provided legal counsel. Founders Jon Gimbel and Anthony Guagliano were previously responsible for leading investments for global private equity player Gores Group, with Gimbel spending more than 14 years with the firm. He was part of the Gores Small Capitalization Partners team, investing a USD 300 million fund aimed at lower mid-market deals.