Grafton Street Partners

What Grafton Street Partners does

Grafton Street Partners is an equity-focused public/private evergreen investment fund that provides perpetual capital to founders and businesses across their life cycles, rather than operating on traditional fund vintage cycles. The firm targets five defined verticals — Software, Fintech and Payments, Consumer Internet/E-commerce, Healthcare IT, and Tech-enabled Services — and selectively invests in external fund managers with differentiated expertise and a repeatable track record of superior investment performance. Its stated investment philosophy prioritizes outstanding teams, alignment with major enduring industry shifts, growing revenue with current or near-term profitability, fair valuation, and a long runway for future growth.

The business is registered as an investment adviser with the U.S. Securities and Exchange Commission under Grafton Street Partners Management Company, LLC, and is headquartered at 321 North Clark, Suite 940 in Chicago, Illinois. Capital is sourced from families and individuals, many of whom are entrepreneurs and executives themselves, rather than from institutional limited partners. The firm offers LPs a secure investor portal (hosted via SS&C) for ongoing reporting and access. The team of approximately ten professionals is anchored by three co-founders: Scott C. Malpass (former CIO of the University of Notre Dame endowment, which grew from $400 million to over $14 billion under his leadership), Andrew Charnesky (former private equity investor at H.I.G. Capital and Bain Capital), and Stephen Santrach (former investor at Tiger Global, Viking Global, Highfields Capital, and Blackstone's private equity group), supported by a COO/CFO, a Head of Investor Relations, and junior investment and operations staff.

Revenue mechanics for an evergreen fund of this type are not publicly disclosed and would derive primarily from management fees on committed or deployed capital and from investment performance on permanent-capital balance sheet exposure. Investment terms are negotiated individually with limited partners and are not publicly disclosed. The go-to-market motion is relationship-led, relying on direct outreach, the firm's founder/operator network, and LinkedIn for sourcing both portfolio opportunities and LP capital.

Name

Grafton Street Partners

Legal name

Grafton Street Partners Management Company, LLC

Website

https://graftonstreetpartners.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Grafton Street Partners is a Chicago-based, SEC-registered evergreen investment fund that provides perpetual capital to founders across software, fintech, consumer internet, healthcare IT, and tech-enabled services, while also investing in external fund managers. It is backed by family and individual LPs.

Ownership category

akta.pro rank

Product category

Private Equity / Venture Capital (Evergreen Investment Fund)

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Secondary Fund Stakes (GP/Manager Stakes in Secondary GPs) (FSANAFAD)

Keywords

• Private equity investments
• Venture capital funding
• Evergreen investment fund
• Growth equity investments
• Alternative asset management

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Distribution channels1 record

Marketing channels2 records

Core offering

Grafton Street Partners is an equity-focused public/private evergreen investment fund that provides permanent capital to founders and businesses across their life cycles, with a value-add partnership approach. It deploys equity into private and public businesses in software, fintech and payments, consumer internet/e-commerce, healthcare IT, and tech-enabled services, and selectively invests in fund managers with differentiated expertise and repeatable superior performance. The firm also maintains a secure investor portal for limited-partner reporting.

Product overview

Grafton Street Partners is an equity-focused public/private evergreen investment fund that provides perpetual capital to founders and businesses across their life cycles. The firm invests across five core sectors: Software, Fintech and Payments, Consumer Internet/E-commerce, Healthcare IT, and Tech-enabled Services. Additionally, the firm selectively invests in investment managers with differentiated expertise and a repeatable track record of superior investment performance. The company does not offer a technology product or software platform; its primary offering is investment capital and value-add partnership to portfolio companies. Grafton Street Partners also provides a secure investor portal for its limited partners to access fund information and reporting.

Differentiator

Problem solved

Functional benefit

Products and services

• Evergreen Equity Investment Fund (Public/Private)

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Direct peers

• H.I.G. Capital: Global alternative asset manager where Co-founder Andrew Charnesky was previously a private equity investor. Directly comparable middle-market PE firm with similar sector breadth, evergreen-feel fund vehicles, and focus on operationally intensive investing.
• Coatue Management: Technology-focused crossover fund that invests in both public and private tech companies, including many of the same sectors Grafton Street targets (software, fintech, consumer internet). Highly relevant peer due to shared public/private crossover thesis.
• Tiger Global: New York-based crossover fund where Co-founder Stephen Santrach previously focused on fintech and business services. Closely comparable given Tiger Global's signature public/private crossover model investing in software, fintech, and consumer internet — directly overlapping Grafton Street's five focus sectors.
• Insight Partners: Tech-focused growth equity/VC firm that has expanded into longer-duration and permanent capital vehicles. Comparable target sectors (software, fintech, healthcare IT) and similar value-add operating model aimed at high-growth technology businesses.
• Iconiq Capital: Private evergreen investment platform serving entrepreneurs and technology executives with permanent capital, fund-of-funds exposure, and direct deals. Comparable mission (supporting founders across lifecycle), LP base (operator/executive families), and evergreen structure.
• General Catalyst: Venture capital firm that has explicitly moved toward permanent capital and multi-stage investing across software, fintech, and healthcare. Closely comparable given the shared push toward evergreen structures and operator-led value-add.
• Bain Capital: Major private equity firm where Charnesky and several other Grafton Street team members previously worked. Comparable across business model, multi-sector equity investing, and value-add operating partnership approach.

Emerging players

• Petershill Partners: Public GP-stakes vehicle that acquires minority stakes in alternative asset managers. Highly relevant peer given Grafton Street's strategy of 'selectively invest[ing] in investment managers with differentiated expertise,' although Petershill operates at public-company scale and Petershill does not make direct equity investments alongside its GP stakes.

Broad incumbents

• Dyal Capital (Blue Owl): Large institutional GP-stakes and minority-interest investor in alternative asset managers. Directly comparable to Grafton Street's GP-stakes strategy (investing in fund managers with differentiated expertise) but operates at vastly larger scale as part of Blue Owl's public alternatives platform.
• Blackstone: World's largest alternative asset manager and a former employer of Co-founder Stephen Santrach (private equity group). Comparable broad PE/VC/growth model spanning public and private markets across multiple focus sectors, though at massively larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/grafton-street-partners-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grafton Street Partners