Hale Capital Management announced the successful close of Hale Capital Partners Fund V, bringing the firm’s assets under management to $334 million. The New York-based investment firm said Fund V will continue its long-standing strategy of partnering with management teams and boards to build, scale, and reinvent lower-middle-market national security and technology businesses at key operating and growth inflection points.
Hale Capital invests across two primary areas. In federal technology and services, the firm targets significant minority-owned companies for control investments in companies serving the defense and intelligence community, prioritizing businesses with mission-critical products, durable end-user demand, and long-term customer relationships. The firm also said it selectively backs defense-related laboratory spinouts, working with founding teams to translate research into scalable, mission-ready platforms.
In commercial technology, Hale Capital focuses on what it describes as reinventions, including opportunities in public companies or complex carve outs where operational and capital support can catalyze a new product cycle while restoring or accelerating profitability. The firm said these investments emphasize attracting talent, sharpening product focus, and building offerings that reposition businesses for durable, cash-generative growth, with Hale Capital working closely with management and boards on product strategy, cost structure, and capital allocation.
Across both areas, Hale Capital said its approach is built on long-duration partnerships with management teams, boards, and government stakeholders. The firm noted that it is a DoD Trusted Investor, with active Top Secret clearances across its investment team and longstanding relationships across the defense, intelligence, and advanced research ecosystems.
