New York-based private equity firm JMK Consumer Growth Partners has registered $17m for its first fund, AltAssets can reveal.
That amount gets the firm on the way to its $75m target for Consumer Growth Partners I, which has a minimum investment of $100,000 for outside investors according to a US Securities and Exchange Commission filing.
JMK aims to make investments in high-growth, branded consumer businesses with annual revenues of at least $2m, according to its website.
Earlier this month the firm backed the non-dairy, vegan cheese and butter alternatives business Miyoko’s Kitchen.
JMK has also previously invested in skincare brand Supergoop! and personal care product company Babo Botanicals.
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