DC
Durable Capital Partners
Henry Ellenbogen's long-duration growth crossover fund.
Crossover & Growth Co-InvestorsFirmUnited States
Target market
Late-stage private companies and small/mid-cap public growth
Geography
United States
Overview
Durable Capital Partners was founded in 2019 by Henry Ellenbogen, the longtime manager of T. Rowe Price's New Horizons fund, and launched with roughly $6 billion — one of the largest debut raises in the industry's history. It applies a public small- and mid-cap growth discipline to late-stage private companies, holding through the IPO rather than trading around it.
Key facts
- Founded 2019 by Henry Ellenbogen, former T. Rowe Price New Horizons PM
- Launched with roughly $6B — among the largest debut fund raises
- Holds private positions through the IPO into the public book