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Alternative Assets  + Private Equity  |  June 2, 2023
Tech-Focused Integrum Seals Oversubscribed $1.1B Debut Fund
Joe Palmisano
By: Joe Palmisano

Tech-Focused Integrum Seals Oversubscribed $1.1B Debut Fund 

Integrum, a NYC-based tech-focused investment firm, has raised a $1.1 billion final close for its inaugural fund, Integrum Capital Partners LP, exceeding its original target. The firm noted that capital did not include related co-investment vehicles for the fund. 

Fund backers include the New York State Common Retirement Fund, which committed $20 million as part of its emerging managers program last year. 

Led by Richard Kunzer, Ursula Burns, and Tagar Olson, Integrum is an investment firm focused on partnering with technology-enabled services companies in the insurance, business services, fintech and payments, and traditional financial services sectors. 

“The tremendous demand for our inaugural fund reflects the excellent relationships we have built with our limited partners across the globe,” said Kunzer. 

Since 2022, the Fund has already backed four businesses – USI Insurance Services, Evertree Insurance, Strategic Risk Solutions and MerchantE, which was sold to a strategic acquirer last November. 

Pictured: Integrum NYC headquarters 

Meet industry experts like Greenrock Research Founder & President Kevin Malone by joining us at the Connect Money: Alternative Assets Conference on June 14 in Chicago at the W City Center. 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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