Asset ManagerRIA · CRD 325779SEC-RegisteredPrivate Fund Adviser

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Bregal Sagemount

Gene Yoon's Sagemount has committed over $4B to growth-stage software and healthcare companies since 2012, backed by permanent capital from Bregal...

Bregal Sagemount

BREGAL SAGEMOUNT IV GENERAL PARTNER JERSEY LIMITED is a registered investment adviser with the SEC, based in ST HELIER, JERSEY, since 2023. It is registered with the SEC.

General information

Firm type

Asset Manager

Year founded

2012

AUM

$4B - $6B across all vehicles (Altss estimate)

Location

Region

Europe

Country

Jersey

City

St Helier, Jersey

Corporate office

St Helier, Jersey

Additional offices

New York, NY · Palo Alto, CA

Principals

Gene Yoon

Managing Partner

Blair Greenberg

Partner, Co-Head of Credit

Daniel Kim

Partner, Head of Software

Pavan Nigam

Partner, Head of Healthcare

Sector focus

Enterprise SoftwareDigital HealthAI/MLCybersecurityHealthcare ServicesPrivate Credit

Frequently asked questions

Who runs investment decisions at Bregal Sagemount?

Gene Yoon serves as Managing Partner and leads the firm's investment committee. He is supported by senior partners including Blair Greenberg, who co-heads the credit practice, Daniel Kim, who oversees software investments, and Pavan Nigam, who leads healthcare. The firm operates with a partnership model where sector heads drive origination and execution within their verticals.

How is Bregal Sagemount structured relative to Bregal Investments?

Sagemount is an independent partnership within Bregal Investments, the private equity platform of the Brenninkmeijer family. Bregal provides permanent, evergreen capital to Sagemount's vehicles, which means the firm does not need to return commitments on a standard fund-cycle schedule. Sagemount's leadership team manages all investment decisions and portfolio operations autonomously.

What is Sagemount's typical check size and investment structure?

The firm writes equity checks ranging from $20 million to $200 million and can deploy across common stock, preferred equity, convertible notes, and multiple credit instruments including first-lien, second-lien, and unitranche loans. This blended capital approach allows Sagemount to structure minority growth investments, majority recapitalizations, and non-dilutive credit facilities within the same relationship.

Does Sagemount participate in fund commitments or only direct deals?

Sagemount invests directly into operating companies and does not operate as a fund-of-funds. The firm has occasionally co-invested alongside other growth-equity managers, but its core model is originating and leading its own transactions. It does not publicly participate in LP commitments to external managers.

What investment stages does Sagemount target?

Sagemount targets growth-stage companies with proven product-market fit and scalable revenue — typically $10 million to $100 million in annual recurring revenue for software businesses, or comparable scale in healthcare and services. The firm avoids seed and early-stage venture but will occasionally invest in late-stage pre-IPO rounds, as it did with Zuora before its public offering.

Which sectors does Sagemount avoid?

Sagemount does not invest in deep biotechnology, medical devices requiring FDA clinical trials, traditional fossil-fuel extraction, or pre-revenue life sciences. The firm's healthcare exposure centers on technology-enabled services, digital health platforms, and healthcare IT rather than therapeutics or diagnostics.

Where does Bregal Sagemount's underlying capital come from?

The capital originates from the Brenninkmeijer family, whose wealth was built through the C&A retail empire founded in 1841. Bregal Investments serves as the family's private equity platform, deploying institutional-scale commitments into multiple strategies including Sagemount's growth-equity vehicles. The family's permanent capital base is the structural backbone of Sagemount's longer-duration investment approach.

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