Established in 2017, Avenir Growth Capital stands as a dynamic growth equity investment firm rooted in the bustling financial landscape of New York, New York. The brainchild of Andrew Sugrue, who serves as the Founder of Avenir Management Company LLC, the firm has left an indelible mark on the investment sector. Andrew Sugrue, a versatile figure, currently holds positions on the board of Art.sy, Inc., and six other companies, showcasing his multifaceted expertise.
Mr. Sugrue's professional journey has been marked by significant roles, including a tenure as Principal at Shumway Capital Management LLC, an Associate at Catterton Management Co. LLC, and an Investment Banking Analyst at Peter J. Solomon Co. LP. His educational background is equally impressive, with a graduate degree from The Fuqua School of Business and an undergraduate degree from The University of North Carolina at Chapel Hill. Another key figure in the inception of Avenir Growth Capital is Jamie Reynolds, who co-founded the firm in 2017. Prior to his role at Avenir, Jamie garnered experience at Explorador Capital Management and contributed to business affairs at the prestigious Augusta National Golf Club. Notably, during the 2008 U.S. presidential campaign, he served as a special assistant and personal aide to Senator John McCain. Jamie's academic credentials include an MBA from the University of Chicago Booth School of Business and a B.A. from the University of Georgia.
Avenir Management Company, an integral part of the Avenir Growth Capital umbrella, operates as a hedge fund. As of April 2023, the firm boasts an impressive client base of 33, managing discretionary assets under management (AUM) totaling $1,966,028,879, as disclosed in its Form ADV. The Q3 2023 13F filing further illuminates Avenir's strategic investment approach, with managed 13F securities amounting to $43,787,302 and a noteworthy top 10 holdings concentration of 100%.
