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Baum Capital Partners launches fund

Baum Capital Partners unveiled GKB Growth Equity Fund LP.

The fund has about $70 million of aggregate commitments from family offices, successful entrepreneurs and executives, and high-net-worth individuals across the U.S.

The fund will consider opportunities in which a financial partner is being sought to solve a corporate or ownership need, including investments to support growth, facilitate ownership transitions and enable management-backed recapitalizations.