Texas-based private equity firm Trinity Hunt Partners has closed its latest fund, Trinity Hunt Partners VII, (Fund VII) at its hard cap of $700m in capital commitments, which was oversubscribed and had fundraising completed in under five months.
The fund attracted investment from insurance companies, pension funds, endowments, foundations, consultants, funds of funds and family offices.
According to a press release, Fund VII will further the firm’s 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.
The firm, which manages $2bn in AUM, completed over 30 transactions last year, including five platforms and over 25 add-ons.
Aviditi Advisors acted as private placement advisor and placement agent for Fund VII. Kirkland & Ellis acted as legal counsel.