Mark Hauser on Raising and Allocating Investment Funds with Hauser Private Equity
Based at the Kenwood Collection Tower in Cincinnati, Hauser Private Equity is known for raising one of the most significant investment funds in the region, amounting to $150 million. In an interview, Paul Swanson, co-managing director of Hauser Private Equity, made a statement revealing that $115 million was total commitment and ready to be invested. As the company’s largest investment fund has ever been raised, the management plans to put it to better use than the previous two. Co-manager Mark Hauser stated the same strategy used in investing the recent funds was to be used in the present one. Raising an investment fund totaling $44 million in 2010, the company introduced the stakes at the subsequent fundraising and got $100 million in investments.
Blue Chip Venture Co. and River Cities Capital Funds, two of Cincinnati’s largest venture capitals, made the most significant contributions in the $150 million investment fund. Given the earlier investment success with both of the previously raised funds, raising funds the third time was more straightforward. As a result, Hauser and Swanson revealed that the funds raised by the company gained a historical position in the first or second quartile when referring to investment performance.
How to Invest
Having a large investment fund gives Hauser Private Equity the power to invest in whomever they find worthy in the business world. When investing in individual companies, it prefers those with controlled buyout funds. However, when investing in large companies, the business targets any of the following sectors; financial services, health care, consumer packaging, industrials, and retail. Among these, Mark Hauser and the company chooses those that accumulate annual revenue ranging between $100 million and $300 million. The company also prefers that the selected business earns an EBITDA ranging from $10 million and $50 million.
Mark Hauser stated that the company’s mission was to invest in privately-owned companies to let them develop faster than their revenue and EBITDA can allow.