Bregal Sagemount, a growth-focused private equity firm, announced the final close of Bregal Sagemount V at its $3.5 billion hard cap, marking a meaningful increase from its prior $2.65 billion Fund IV. The fund was oversubscribed and raised in just over four months after launching in the fourth quarter of 2025.
The substantial majority of commitments came from returning limited partners, with the firm also adding a select group of new institutional investors to its investor base. Fund V’s limited partners are predominantly North American pension funds, insurance companies, endowments, foundations, and institutional family offices. The firm also expanded internationally, bringing in select investors from Europe and South America.
Fund V will continue Bregal Sagemount’s strategy of providing flexible, solution-oriented capital to durable growth businesses with high recurring revenues operating in end markets characterized by uncorrelated secular growth. The firm said it has served as the first institutional capital partner to bootstrapped companies approximately 80% of the time, working closely with entrepreneurs to accelerate value creation.
Since its founding in 2012, Bregal Sagemount has raised $11 billion in capital across its equity and credit strategies and has invested in more than 90 companies spanning software, information and data services, financial technology and financial services, digital infrastructure, healthcare IT, and business and consumer services. The firm maintains offices in New York and Palo Alto.
Support: Kirkland & Ellis served as legal advisor to Bregal Sagemount on the fund.
KEY QUOTES:
“We are grateful for the strong support we received from our existing and new partners in such a highly selective fundraising environment. Our approach of providing flexible capital and value creation capability has proven effective across market cycles, and we appreciate the companies and management teams that choose to partner with us. These successful partnerships are what enable the Firm to drive liquidity to our investors, and we are grateful to have earned the trust to manage their capital again in Fund V.”
Gene Yoon, Founder And Managing Partner Of Bregal Sagemount
“Strong LP relationships have always been the foundation of successful fundraising, and that’s especially true when you pursue large, long-term capital allocators vs other regions/segments of the market. Delivering liquidity and building deliberate relationships over many years enabled an efficient fundraise with exceptional re-up participation. We are humbled by our existing investors’ continued confidence and are pleased to welcome our new institutional partners to Fund V.”
Shea Goggin, Head Of Capital Formation At Bregal Sagemount
