GroveStreet
Concentrated separate-account fund-of-funds investor since 1998.
Funds-of-Funds & Private WealthFirmGlobal
Target market
Buyout, growth and venture funds for institutional clients
Geography
Global
Overview
GroveStreet (formerly Grove Street Advisors) builds customized private-equity and venture portfolios for large institutions through separately managed accounts, with a deliberately concentrated approach to GP selection. The Wellesley, Massachusetts firm manages several billion dollars across buyout, growth and venture fund commitments and co-investments.
Key facts
- Rebranded from Grove Street Advisors to GroveStreet
- Specializes in customized separate accounts, not commingled funds
- Concentrated approach to manager selection
- Based in Wellesley, Massachusetts