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Fund I exited Vitali Alimentos through a continuation vehicle, with legacy LP reinvestment optionality and Ascend Fund II co-investment supporting continued value creation.

Ascend Fund I was dedicated to creating value, through the implementation of transformation programs

Continuation Vehicle Structure

CAM Protein Investments, L.P.

The continuation vehicle gave legacy LPs liquidity and reinvestment optionality while keeping the Vitali platform on its growth path.
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CAM Protein Investments

US$ 112M Fund

L.P.

GP-led continuation vehicle holding the Vitali platform.

70 / 30

CV / Ascend Fund II ownership split

3rd-party

Independent valuation at exit

100%

Of GP carry reinvested

85%+

Of original LP base remained invested