In 2020, a trio of London-based investors struck out on their own to launch a new fund that would place “entrepreneurial empathy” at the heart of its private equity pitch. The sell won over prospective backers, and that new fund, Queen’s Park Equity, raised £202 million (€236 million). Since then, the business has set about deploying capital on behalf of endowments, foundations, family offices, and philanthropic organisations. Over the past five years, the firm swelled in size and invested in 12 businesses across the UK, with a further 17 bolt-on acquisitions made by its portfolio companies. Queen’s Park Equity has…