BDT & MSD Partners
BDT & MSD Partners is a merchant bank with an advisory and investment platform built to serve the distinct needs of business owners and strategic, long-term investors.
Investment focus
BDT & MSD Partners's portfolio on More Capital spans enterprise software, data & analytics, healthcare & biotech, clean energy & climate. The firm is based in Chicago, Illinois, United States. Of the 4 portfolio companies tracked here, 4 have publicly reported valuations totaling approximately $7B.
If your company is backed by BDT & MSD Partners
Employees at companies backed by BDT & MSD Partners may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.
What this means for your stock
Institutional investors like BDT & MSD Partners typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.
Secondary market considerations
Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.
BDT & MSD Partners portfolio companies
4 companies tracked on More Capital, sorted by reported valuation.
Top holdings by valuation
By sector
Latest BDT & MSD Partners news
Industries invested in
Frequent co-investors
Funds that most frequently co-invest alongside BDT & MSD Partners in the same companies.
Last verified: 2026-05-28
Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.