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Trinity Hunt Partners Closes Oversubscribed Fund VII at $700MM Hard Cap

February 07, 2024, 07:00 AM
Filed Under: Private Equity News

Trinity Hunt Partners announced the closing of Trinity Hunt Partners VII at its hard cap of $700 million in capital commitments. Fund VII was oversubscribed, with fundraising completed in less than five months. The Fund’s diverse investor base includes leading insurance companies, pension funds, endowments, foundations, consultants, funds of funds, and family offices.
 
Fund VII will further Trinity Hunt’s well-refined thematic buy-and-build strategy with a continued focus on growing small-cap companies within business services, healthcare services, and consumer services into market leaders.
 
Trinity Hunt has grown tremendously in recent years, both in terms of assets under management as well as the size of its team, which has more than doubled over the last two years to over 40 professionals[1]. The firm has also increased its investment activity, completing more than 30 transactions in 2023, including five platforms and over 25 add-ons, despite a difficult debt financing market.
 
“Our team is humbled by the enthusiastic support for Fund VII by our investors, particularly in the midst of a challenging fundraising environment industry-wide. It’s a testament to the hard work and ingenuity of our team,” said Trinity Hunt Managing Partner Blake Apel. “We are excited to continue to deploy our time-tested investment strategy, with the aim of providing the highest quality talent and capital solutions needed to significantly enhance the growth of small-cap services companies.”

Aviditi Advisors acted as Trinity Hunt’s exclusive private placement advisor and placement agent for Fund VII. Kirkland & Ellis LLP acted as legal counsel.
 





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