Centre Street Partners positions itself "at the intersection of private equity and venture capital," running both early-stage VC and control-oriented buyout plays under one roof, including an "anchored ETA" model where they recruit operators to acquire and modernize lower-middle-market services businesses into AI-enabled platforms as an alternative to solo search funds or starting from scratch. The fund is thesis-driven around "technology and society's evolving behaviors," making concentrated bets in areas like independent media (early backer of The Free Press, acquired by Paramount Skydance for ~$150M) and loyalty infrastructure that embeds financial services inside culture and daily behavior rather than generic rewards programs.