Shamrock Capital closes USD1bn Growth Fund V

Shamrock Capital (Shamrock) has held the final closing of Shamrock Capital Growth Fund V, (SCGF V), a USD1 billion fund focused on buyout and later-stage growth equity investments within Shamrock’s core industries of media, entertainment, and communications. 

Shamrock’s private equity funds target companies seeking USD25-200 million of equity capital in both control and non-control transactions.  SCGF V is managed by the Partners of Shamrock and other investment professionals in Los Angeles, California. Shamrock has approximately USD3.5 billion of total assets under management. 
 
“We are grateful for the continued support of our longstanding investors and welcome our new investors as Shamrock looks to continue generating compelling returns for our limited partners around our investment themes,” says Steve Royer, Partner at Shamrock Capital. “We see tremendous opportunities ahead within our targeted sectors and are honoured to be working with our talented executives that lead our portfolio companies as they grow their platforms.”
 
SCGF V’s limited partners include a diverse mix of existing and new investors from leading pension funds, endowments and foundations, family offices, and financial institutions. Shamrock launched its limited marketing process in late 2020 and saw significant demand exceeding its USD1 billion hard-cap. Shamrock did not use a placement agent for SCGF V.
 
“Shamrock will continue to invest in companies that are involved in the convergence and transformation taking place within media, entertainment and communications,” adds Royer. “We will continue to partner with management teams that are leading companies in some of the most dynamic parts of our economy, including the creator economy, talent and content, gaming, sports betting, marketing services, infrastructure, personal/professional betterment platforms, and the technological platforms that power this transformation.”  
 
As part of the closing, Shamrock also announced the promotions of Sam Halls to Principal and Alicia Zhu to Vice President. 
 
“Sam and Alicia have continually demonstrated strong leadership skills and intellectual curiosity throughout all of Shamrock’s activities,” continues Royer. “They have each played an instrumental role in our success and we’re pleased to recognise their achievements.” 
 
Halls joined Shamrock in 2016 and prior to that, he was an Associate at Silver Lake Sumeru. Zhu joined Shamrock in 2019 and prior to that, she was at The Walt Disney Company where she focused on M&A and long-term strategic initiatives.