Buyout · Growth · Infrastructure

Capital that knows the business, not just the multiple.

Pelham backs profitable, founder-led companies in industrial services, specialty distribution, and essential infrastructure. We write checks from $25 million to $300 million and hold for the long term.

Capital
$12.86B
Active
21
Strategies
3
Offices
4

Illustrative track record

TVPI by fund vintage

Source: Pelham fund communications. TVPI = Total Value to Paid-In. Figures are illustrative and not a guarantee of future results.

What we do

Three strategies, one operating standard.

Each strategy has its own fund, team, and underwriting discipline. All three share the same reporting cadence, value creation playbook, and quarterly board rhythm.

  • Buyout $2.4B fund

    Buyout

    Control investments in profitable, founder-led companies.

    Check size
    $25–$300M
    Vintage
    2022
    Active
    9 companies
    View strategy
  • Growth $0.85B fund

    Growth equity

    Minority checks for software and climate technology companies past product-market fit.

    Check size
    $5–$40M
    Vintage
    2023
    Active
    11 companies
    View strategy
  • Infrastructure $3.2B fund

    Infrastructure

    Long-life equity in energy transition, transport, and digital assets.

    Check size
    $50–$500M
    Vintage
    2021
    Active
    6 companies
    View strategy

Selected portfolio

Companies we have backed.

All 26 companies
  • buyout

    Northbridge Industrial Services

    Industrial services

    Plant turnaround and reliability services for heavy industry.

    Year
    2023
    Region
    United States
    Company detail
  • growth

    Quartzfield

    Vertical software

    Operations software for landscape and grounds maintenance contractors.

    Year
    2023
    Region
    United States
    Company detail

From the team

Recent writing.

All insights
  • Investment approach

    Founders who stay: why we keep management teams in place after a buyout

    Across nine platform investments in our buyout funds, the founder stayed for at least three years after close. We look at why that matters and how we structure for it.

    September 18, 2024 · 7 min read

    Read article
  • Investment approach

    What we look for in a Series A: four questions before the first meeting

    Before we take a first meeting on a Series A, we try to answer four questions from public information. If we cannot answer all four, we usually pass.

    August 2, 2024 · 6 min read

    Read article
  • Infrastructure

    Battery storage revenue stacks: what we underwrite and what we do not

    We underwrite battery storage on tolling agreements and capacity payments. We do not underwrite merchant energy arbitrage. Here is why.

    June 24, 2024 · 8 min read

    Read article

For founders and limited partners

Talk to the team that leads the deals.

We respond to every serious inquiry within five business days. Founders, limited partners, advisors, and candidates are all welcome.