Startups

Camden Partners closes sixth private equity fund with $100M committed

The Inner Harbor-based firm invests in companies around the country, including in Baltimore.

David Warnock founded Camden Partners in 1995. (Courtesy photo)

Inner Harbor-based Camden Partners said it closed its sixth private equity fund with $100 million in commitments from investors after concluding fundraising efforts this month.

The latest fund in the 25-year-old firm’s Strategic Partners series includes pension funds, endowments, foundations and family offices. It also includes a fund of funds, which is private equity that invest assets into other private equity funds.

Through this strategy, Camden focuses on growth-stage companies that are often founder led, and works with the companies to expand cashflow by setting strategy and providing expansion capital. It invests in areas such as software, tech-enabled services, business services, and education. This will be the prime focus after the firm’s venture capital division recently spun out to form Catalio Capital Management.

Camden Partners was founded by David Warnock in 1995 after he left T. Rowe Price. Along with Warnock, the investment team includes partners Jason Tagler, Meghan McGee and Todd Sherman, who have worked together for more than a dozen years. Baltimore native Calvin Young joined as a VP on the investment team in 2018 and Sean Long joined in 2019 as head of business development and investor relations.

Camden Partners has raised over $700 million, and made investments in 80 companies across its funds. The firm invests around the U.S., but has also invested in companies in Baltimore. In a recent example of the firm playing a role in a big exit, it was one of the firms that in 2014 backed University of Maryland BioPark-based Paragon Bioservices before its 2019 acquisition by Catalent at $1.2 billion.

More recently, Camden invested in Otterbein-based workforce data science company Catalyte.

Additional investments include digital payments company Ingo Money of Alpharetta, Georgia, marketing analytics company RedPoint Global of Wellesley, Massachusetts, sales automation software developer DialSource of Sacramento, California, and Boulder, Colorado-based workforce development company Techtonic.

Companies: Camden Partners

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The person charged in the UnitedHealthcare CEO shooting had a ton of tech connections

From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game

Where are the country’s most vibrant tech and startup communities?

The looming TikTok ban doesn’t strike financial fear into the hearts of creators — it’s community they’re worried about

Technically Media