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New Firm Torch Key Asset Management Targets Midmarket Deals

3/4/2026

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Story summary
  • Torch Key Asset Management launched in Los Angeles and aims to pursue midmarket complex deals, with backing from GCM Grosvenor.
  • The firm intends to invest in food and beverage, and industrial products and services sectors.
  • Kimberly Reed, managing partner and co-founder, said the firm opened last month and is actively seeking its first deals as its office expands.