| HBS Case Collection
(Revised from original 2011 version)
Gemini Investors was a private equity firm focused on small and lower middle market businesses. Gemini's target investment size was between $4 million and $6 million and a typical portfolio company had revenue of between $8 million and $30 million. In early 2010, Gemini was completing the investment of Gemini's Fund IV and it was deciding whether it should raise a fund sized similarly to their prior funds, or alternatively, raising a significantly larger fund.
Keywords: Private Equity;
Financial Services Industry;
Ruback, Richard S., and Royce Yudkoff. "Gemini Investors." Harvard Business School Case 211-066, September 2011. (Revised from original February 2011 version.)