Timber Bay Partners Announces Final Close of Timber Bay Fund III at $281 Million

Timber Bay Partners (“Timber Bay”), a private equity firm focused on GP-led secondary transactions, today announced the final closing of Timber Bay Fund III (the “Fund”), its third flagship fund, with $281 million in total capital commitments.

“Our team has been investing in this space since 2008, and as the opportunity set continues to broaden, we remain committed to a disciplined, highly selective investment approach,” said founder and managing partner Joe Woods. “We’re grateful for the deep alignment with our existing investor base and their continued support, which enabled us to close above our target.”

The Fund received commitments from a diversified group of new and existing institutional investors, including foundations, endowments, family offices, and health systems.