Abry Winding Down?
Heard a rumbling recently from a legit source that Abry is closing its doors soon... anyone have any intel?
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This has been the case for ~1 year now
Unclear if they are winding down, but I know they are downsizing.
Source: someone at Abry who is looking to leave.
No clue if they are winding down, but have heard from multiple sources that “they have raised their last fund.” Take that as you will
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Also don’t know definitively, but their two most senior BD professionals have left in the last ~18mo. Usually not a good sign when your people focused on new deals are jumping ship.
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