Our Focus: Middle-Market Private Markets Firms

Why GP Stakes?


As GP staking becomes increasingly institutionalized, the middle market remains one of its most compelling segments.

The middle market is home to many of the industry’s most dynamic investment firms. These platforms are often expanding strategies, building teams, and institutionalizing their businesses at the same time.

That stage of development creates a distinctive opportunity in GP stakes investing — one that requires experience, judgment, and a true partnership mindset.

Bisonti focuses on firms at moments when strategic capital can make a meaningful difference: expanding capabilities, deepening teams, broadening distribution, strengthening infrastructure, or preparing for a new phase of growth.

What is GP Staking?

GP staking means acquiring a minority stake in a private market investment manager—the general partner (GP)—providing investors with steady cash flow and long-term upside, while GPs gain the capital to grow without giving up control.

Relationship-driven sourcing.

Bisonti’s investment opportunities are primarily sourced through long-standing relationships across the private markets ecosystem.

Our team’s experience working alongside investment firms provides direct access to managers as they expand their platforms and consider strategic partnerships.

This relationship-driven approach allows us to engage with firms early and build partnerships based on alignment and shared ambition.

Investment Criteria


Private market asset managers at a growth inflection point

Middle Market: $1–$10B in AUM

Minority Equity Stakes: 5%–24% ownership

Buyouts, Credit, Secondaries, Real Assets, Strategic Capital

North America and Europe

Operating in the middle market allows us to evaluate firms at a level of depth that larger, more diversified platforms often cannot.

The middle market rewards depth. Because many firms are founder-led, culture-driven, and still evolving institutionally, evaluating them requires more than scale metrics. It requires understanding the quality of the investment engine, the strength of LP relationships, team dynamics, succession, governance, and the choices that shape a firm over time.

Each partnership is structured to align incentives, preserve independence, and support sustainable growth.

A highly diversified portfolio.

Our portfolio spans a range of private markets strategies and sectors. Each partnership supports the growth of exceptional investment firms while providing investors with diversified exposure to the underlying economics of private markets.