Case | HBS Case Collection | February 2011 (Revised June 2013)

Gemini Investors

by Richard S. Ruback and Royce Yudkoff

Abstract

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; Investment; Investment Funds; Markets; Size; Financial Services Industry; United States;

Citation:

Ruback, Richard S., and Royce Yudkoff. "Gemini Investors." Harvard Business School Case 211-066, February 2011. (Revised June 2013.)