Quartus Capital Partners LLC is delighted to announce the final closing of Quartus AI Fund LP with$50 million plus in commitments. The firm attracted a diverse set of LPs,including endowments, foundations, RIAs and family offices.

"This fund was built around one simple idea: the future of business and society willbe defined by AI that works," said Afzal M. Tarar, Founder and Managing Partner of Quartus. "We invest ingrowth-stage AI and technology ventures and scale them into market leaders ofthe future that drive innovation, performance and impact."

While fundraising, the Fund has deployed capital into a curated portfolio of 9 AI andtechnology ventures across sectors including healthcare, education, securityand logistics. The Fund is bench marked by Cambridge Associates and has been inthe top quartile for net IRR and TVPI for most of the past 2 plus years.

With the Fund's final closing, the firm is turning its attention to deploying there maining capital and harvesting the Fund.

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