Trinity Hunt Partners Closes Oversubscribed Fund VII at $700 Million Hard Cap
Trinity Hunt Partners is pleased to announce the closing of Trinity Hunt Partners VII (“Fund VII” or the “Fund”) 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.
ABOUT TRINITY HUNT PARTNERS
Trinity Hunt Partners is a growth-oriented private equity firm with over $2 billion of assets under management focused on building leading business, healthcare, and consumer services companies. Trinity Hunt’s mission is to provide the talent and strategic, operational, and financial capabilities needed to build entrepreneurial services companies into market leaders. Trinity Hunt was ranked 2nd amongst all firms in North America on HEC-Dow Jones’ most recent Top Small-Cap Buyout Firms List (2022), which ranks firms based on their performance for investors across funds raised over a 10-year period[2]. For more information, visit www.trinityhunt.com.
[1]Includes THP Portfolio Resources LLC. While controlled by Trinity Hunt Management, L.P., THP Portfolio Resources LLC is a separate entity compensated solely by the THP funds and their portfolio companies.
[2]Revealed: 2022's global top 20 small-cap PE firms; Trinity Hunt Partners was ranked 2nd amongst all firms in North America on the most recent HEC-Dow Jones Top Small-Cap Buyout Firms List (2022), which ranked firms based on their performance across funds raised over a 10-year period between 2009 and 2018. In total, performance data was analyzed across 563 PE firms through data sourced from Prequin, a third-party database neither managed by nor affiliated with Trinity Hunt Partners, as well as data sourced directly to HEC/Dow Jones. Neither HEC nor Dow Jones is affiliated with Trinity Hunt Partners, nor do they invest in any investment vehicle sponsored by Trinity Hunt Partners.