Sacral Capital Prepares to Launch a $110M VC-PE Fund, Elevates Key Team Members, & Invites Women In

Sacral Fund I is now open for Pre-Limited Partners with Early Term Offerings, $527k Remaining for the First Round, Promotes Autumn Bennett to Operating Partner, & Appoints Elliot Watts as Investment Principal
 
MIAMI - Aug. 16, 2024 - PRLog -- Sacral Capital, a growth advisory firm founded in August 2022 by Brandi Kolosky, today announced the official launch of Sacral Fund I, a hybrid venture capital and private equity fund targeting a $110 million raise. This fund represents the culmination of 12 months of strategic planning by Ms. Kolosky and aims to invest in ventures that seek to reform broken systems and are diversity-led. Term sheets with committed allocations have been signed across various industries, including data centers, bitcoin mining, wasted energy, low-orbit fiber optics manufacturing, agriculture, and precision farming technology.

Sacral Fund I is currently open to potential limited partners, beginning with a friends and family round offering early investment opportunities. Sacral Capital is actively encouraging participation from women investors to diversify and strengthen the fund's Pre-LP cap table.

Sacral Capital is also announcing significant promotions within its leadership team. Autumn Bennett, previously Growth Manager, has been promoted to Operating Partner. Ms. Bennett, who became the first female investor in Sacral Fund I following the successful sale of her family's 47-year-old logistics, storage, and moving company, Minorcan, brings extensive experience in operations and finance. Her new role will include overseeing the operations of both Sacral Capital and Sacral Fund I.

Additionally, Elliot Watts has been welcomed as the firm's Investment Principal. Mr. Watts holds degrees from Yale University, Columbia Law School, and an MBA from The Wharton School, University of Pennsylvania. Licensed to practice law in New York and Georgia and holding FINRA Licenses Series 79 and 63, Mr. Watts will contribute his expertise in finance, law, and market analysis to the firm's investment strategies. His role is expected to evolve into that of Chief Investment Officer of Sacral Fund I.

Sacral Capital is committed to its mission of directing capital towards women and minority-led ventures. Ms. Kolosky emphasizes the importance of leveraging her 18 years of experience of growth, operations, engineering, finance, and marketing, along with her global relationships with multi-exit serial entrepreneurs to ensure Sacral Fund I sets a new standard in due diligence and impact investing. Visit us: https://www.SacralCapital.com

Forward-Looking Statements:
This press release may include forward-looking statements, which reflect Sacral Capital LLC's current views and assumptions regarding future events. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Sacral Capital LLC does not undertake any obligation to update these statements following future developments unless required by law.

Contact
Brandi Kolosky
legalcounsel@sacralcapital.com
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