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Raleigh investment firm SharpVue Capital raises $13M

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Oct, 10 2017, 1:42 PM

SharpVue Capital, a year-old investment firm closely aligned with Medical Mutual, has raised $13 million for a new private equity fund.

The funding was disclosed in a securities filing made on Tuesday.

SharpVue was formed in 2016, formed with $100 million in capital from Medical Mutual and led by Lee Roberts, who left his post as N.C. state budget director in the Pat McCrory administration. Roberts serves as one of two managing directors.

The other director is Matthew Mongia, who signed the filing.

Geremy Connor is the firm's Chief Investment Officer

A total of 79 investors participated in the round.

Private equity approach

"By focusing on geographic markets we know and understand and maintaining a flexible approach to transaction structure, SharpVue provides a differentiated solution for management buyouts, family-owned businesses with succession planning needs, and corporate divestitures," the firm says.

"Where appropriate, we provide capital to fund acquisitions or industry consolidations and collaborate with management to implement strategic initiatives and operational improvements."

SharpVue manages $150 million in assets from Medical Mutual, according to the firm's website.

The firm raised a $72 million real estate fund in July.

"The backing and support of Medical Mutual gives us added strength and stability as we seek to identify and deliver unique and compelling investment strategies," the firm says.

"SharpVue manages over $150 million of assets for Medical Mutual, providing valuable critical mass and infrastructure that allows us to effectively deliver solutions to a range of individual and institutional clients."





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