Bedford Funding Capital Management, L.L.C. is a private equity firm providing long-term capital to businesses in growing technology sectors. In December 2011, Bedford Funding raised $1 billion in committed capital for Bedford Funding II which focuses on investment in the Healthcare IT market.
Bedford’s initial fund, Bedford Funding I, was formed in 2006 raising $400 million in committed capital and focused on the Human Capital Management (HCM) software segment.
Bedford Funding provides long-term capital to businesses in growing technology sectors with experienced industry focus in the software and IT services sectors. Leveraging the team’s extensive operating backgrounds, we have a keen understanding of the opportunities inherent in technology enterprises. Bedford Funding makes investments worldwide from its headquarters located in White Plains, New York.
interests
Bedford Funding was committed solely to the HCM software sector, which is becoming increasingly important for large companies, as it allows companies to manage recruiting, compensation planning, succession planning, learning, contingent workers (vendor management), workforce compliance and diversity, workforce planning and analytics, and social interaction. This market segment is consolidating at a rapid place.
The following is an index of HCM Stocks since 1/1/2008, when Bedford Funding decided to enter the Human Capital Management space:
Note: Investments above are among SuccessFactors, Taleo, SumTotal Systems, Cornerstone OnDemand, Workday, Paylocity, and Kenexa during certain investment periods.
team
Bedford Funding Capital Management, L.L.C. was founded in 2006 with the launch of its initial fund – Bedford Funding I with $400 million in committed capital focused on Human Capital Management (HCM) software. In December 2011, Bedford Funding raised its second fund – Bedford Funding II with $1 billion in committed capital focused on Healthcare IT. The Bedford Funding principals all worked together while at Geac, a highly successful enterprise software company, which delivered an extraordinary 889% return to investors over a five-year period, and have all continued working together at Bedford for twelve years as a cohesive team since the firm was founded in 2006.
management team
operating partners
