11 hours ago
Scoop: Aria raises $152 million for consumer brands fund
Aria Growth Partners, a New York-based firm focused on consumer brands, tells Axios that it's raised $152 million for its second fund.
The big picture: That's nearly twice the size of Aria's debut fund, with the firm continuing to be led by Trevor Nelson (ex-Alliance Consumer Growth) and Jackie Dunklau (Cavu Venture Partners).
Zoom in: Dunklau says that better-for-you food products are a particular area of interest, highlighting popcorn brand and portfolio company Lesser Evil.
On the flip side are fashion and CPG brands that are DTC-only.
