United States · Investor

Sterling Partners

Last cheque observed Aug 2016. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

SeedSeries ASeries BFitnessInternetFinancial Services

Cheques on record
0%of best year0cheques in 12 months, 14 on record
Since the last cheque3715days00hrs00min00sec
Median round$43MRounds led0 of 14Sole investor9 roundsExits2 from the portfolioMostly inUnited States, 100%
Pitch Sterling Partners

Sterling Partners highlights

  1. 01

    14 rounds on record

  2. 02

    Mostly Growth and Series A: 60% of its rounds

  3. 03

    Sole investor in 9 rounds, median $30M

  4. 04

    2 exits from the portfolio

What they do

We are an investment Management Platform We invest and manage across strategies and asset classes.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
FitnessInternetFinancial Services
Based in
Chicago, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first14 appearances

  1. 2016

    1 round

  2. Aug
    PanoptoUS · FinSMEs$43MSole investor
  3. 2014

    2 rounds

  4. Oct
    Results PhysiotherapyUSUndisclosedSole investor
  5. Jun
    SAVOVenture · US$35MWith 2 others
  6. 2012

    3 rounds

  7. Jul
    SecureNet Payment SystemsGrowth · US · securenet.com$18MSole investor
  8. Apr
    School of RockVenture · US · finsmes.com$5.0MSole investor
  9. Apr
    Desert Industrial X-RayUS · finsmes.comUndisclosedSole investor
  10. 2011

    3 rounds

  11. Dec
    First Choice Emergency RoomUS · finsmes.comUndisclosedSole investor
  12. Apr
    School of RockVenture · US · businessinsider.com$3.5MSole investor
  13. Apr
    IO.comGrowth · US · freshnews.com$105MSole investor
  14. 2008

    1 round

  15. Dec
    IO.comGrowth · US · datacenterknowledge.com$56MSole investor
  16. 2007

    1 round

  17. Oct
    AvectraSeries A · US · citybizlist.com$27MWith 1 other
  18. 2005

    1 round

  19. Sept
    SAVOSeries A · US · illinoisvc.org$10MWith 2 others
  20. 2004

    1 round

  21. Jun
    eCreditSeries B · US$8.0MWith 3 others
  22. 2002

    1 round

  23. Oct
    AnAerobicsSeries A · US$15MWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration5 named

DLDouglas Lee BeckerManager and Senior Managing Director of Sterling Fund Management, LLC and Manager of Sterling Fund Management Holdings GiForm ADV
JWJeffrey William ElburnManaging Director of Sterling Fund Management, LLC and Chief Financial OfficeriForm ADV
MAMaury Avram EpsteinManaging Director of Sterling Fund Management, LLC and Chief Operating Officer, Chief Compliance Officer and General CouiForm ADV
RCRudolf Christopher HoehnsaricManager and Senior Managing Director of Sterling Fund Management, LLC and Manager of Sterling Fund Management Holdings GiForm ADV
SMSteven Michael TaslitzManager and Senior Managing Director of Sterling Fund Management, LLC and Manager of Sterling Fund Management Holdings GiForm ADV

We also hold 14 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$462Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Sterling Fund Management, LLC
SEC number
CRD 160338

Funds on its Form ADV

22 private funds, $1.1B in gross assets · filed Mar 2024

  1. Sterling Small Market Education Fund, L.P.Private equity2 investors$504M
  2. Laureate Co-Investors I Limited PartnershipPrivate equity1 investor$148M
  3. Sterling Capital Partners IV, L.P.Private equity86 investors$139M
  4. Laureate Co-Investors II Limited PartnershipPrivate equity1 investor$75M
  5. Sterling Partners - Small Market Growth Secondary, L.P.Private equity2 investors$72M
  6. Sterling Partners - Small Market Growth 2009, L.P.Private equity22 investors$38M
  7. Sterling Lecturio Fund, LLCPrivate equity23 investors$34M
  8. ILM Investments Limited PartnershipPrivate equity4 investors$33M
  9. Avathon Imagine Co-Invest LLCPrivate equity2 investors$15M
  10. Sterling Lecturio Feeder LLCPrivate equity19 investors$13M

And 12 more on the filing.

What they claim to have backed

From their own portfolio page (on their website)

0 of 2 we have independently watched raise

Design + Build byItemdataobject

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

SecureNet Payment SystemsBought by WorldpayUndisclosedNov 2014
eCreditBought by Fidelity VenturesUndisclosedDec 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

Companies it bought

Acquisitions by the firm itself

Hoffman SouthwestUndisclosedJul 2015
Surgical SolutionsUndisclosedDec 2014
Florida Coastal School of LawUndisclosedJan 2004

Who they invest alongside

The investors most often in the same rounds as Sterling Partners. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Sterling Partners put money into.

Quick answers about Sterling Partners

What does Sterling Partners invest in?

Sterling Partners invests most often at Growth and Series A (60% of the rounds on record), in sectors such as Fitness, Internet and Financial Services.

How active is Sterling Partners?

14 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2016.

What has Sterling Partners invested in recently?

Its most recent investments on record: Panopto (Undisclosed round, Aug 2016).

How big are Sterling Partners's cheques?

The median round it joins is $43M.

Does Sterling Partners lead rounds?

Rarely, if at all: none of its 14 investments on record names it as the lead.

Where does Sterling Partners invest?

Most of the companies it backs are in the United States (100%).

Is Sterling Partners investing now?

No investments in the last 12 months; the latest was in Aug 2016.

Who does Sterling Partners invest alongside?

Most often Sapphire Ventures (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it