The BEST Growth Fund - A Private Equity Fund

The BEST Growth Fund is a buyout fund, owned and operated outside Rutgers University and capitalized by investors. This fund focuses on the segment of the value chain that continues the development of Intellectual Property (IP) beyond the start-up phase by restructuring and/or combining existing companies to unlock hidden value. In particular, it seeks to match mid-sized companies with start-ups formed by the BEST Start Fund, so as to revitalize the former with the injection of IP from the latter. The newly integrated company is then repositioned for optimal transition into new markets and eventual sale to a large company or a larger private equity fund.

The primary deliverable of the BEST Growth Fund will be mature (mid-cap) companies ready for exit through purchase by strategic acquirers. To this end, the BEST Growth Fund will be characterized by a market driven build-up strategy to bring the selected start-ups to a level of maturity consistent with the needs of strategic acquirers.

Accordingly, it will not limit its investments to Rutgers IP but will consider outside IP and product injection. The BEST Growth Fund profits will provide an income stream to Rutgers University as return on investment, with a portion of the gains retained for further investment.

The Best Institute has operation directors and consultants who provide due diligence and help manage the companies in its portfolio. Rutgers students help with the operation functions by taking full-time and intern positions in the BEST companies.