Silversmith Capital Partners (Silversmith), a growth equity firm focused on supporting entrepreneurs in technology and healthcare, has held the first and final close of Silversmith Capital Partners Fund V with $1.7bn in capital commitments.
That close which includes $1.6bn from limited partners and $110m from the Silversmith team, marks a significant milestone – the firm’s fifth fund in 10 years, bringing total capital commitments to over $5bn.
Over 70% of Silversmith’s capital is deployed as the first institutional investor – partnering with bootstrapped entrepreneurs and supporting them through multiple stages of growth. Consistent with prior funds, Fund V will make minority and majority investments in growth-stage technology and healthcare companies.
Kirkland & Ellis provided fund formation counsel.
