Accolade Partners, a venture capital and growth equity investment firm, announced it has raised $235 million for its oversubscribed sixth fund. Accolade’s investors include endowments, foundations and families that partner with Accolade to gain exposure to the private equity asset class. Accolade VI will continue the Firm’s focus on leveraging its deep knowledge and independent thinking to access top-decile managers in venture capital and growth equity. Core to the Firm’s strategy is a concentrated portfolio that delivers strong returns to its limited partners. Accolade will invest across both technology and healthcare, while selectively making direct investments in portfolio companies. The Firm is managed by partners Joelle Kayden, Atul Rustgi and Andy Salembier.

Pitchbook ranks Accolade’s 2005 fund as the top-performing fund of funds for its vintage and the Firm’s 2005 and 2008 funds are both top quartile according to Cambridge Associates benchmarks. Accolade was founded in 2000 and manages $1.0 billion in assets across six funds.

“We are grateful for the support we received from existing limited partners, as well as commitments from new investors. Accolade will continue to provide a unique and differentiated portfolio with the objective of achieving industry leading returns,” said Joelle Kayden, General Partner of Accolade.

“Accolade’s strategy has demonstrated our ability to deliver early and consistent liquidity, not just NAV, while also generating outsized absolute returns. We have a singular focus on being the best investment firm in our industry. We achieve this by being not just a source of capital to our managers but also by being active and thoughtful partners, identifying managers that will outperform and constructing a portfolio that optimizes for returns,” said Atul Rustgi, General Partner of Accolade.

ABOUT ACCOLADE PARTNERS

Accolade Partners is a leading alternative investment firm dedicated to delivering superior returns by investing in top-tier venture capital and growth equity funds on behalf of endowments, foundations, institutions and individuals. Founded in 2000 and located in Washington, DC, the Firm manages $1.0 billion of capital and is a registered investment advisor. For more information, please visit www.accoladepartners.com.