Trinity Hunt Partners has announced the closing of Trinity Hunt Partners VII (Fund VII) at its hard cap of $700 million in capital commitments. And Fund VII was oversubscribed, with fundraising completed in less than five months.
The Fund’s investor base includes leading insurance companies, pension funds, endowments, foundations, consultants, funds of funds, and family offices. And Fund VII will further Trinity Hunt’s well-refined thematic buy-and-build strategy with a continued focus on growing small-cap companies within business, healthcare, and consumer services into market leaders.
Trinity Hunt has grown tremendously in recent years in terms of assets under management and the size of its team – which has more than doubled over the last two years to over 40 professionals. And the firm has also increased its investment activity, completing over 30 transactions last year, including five platforms and over 25 add-ons, despite a problematic debt financing market.
Aviditi Advisors acted as Trinity Hunt’s exclusive private placement advisor and placement agent for Fund VII. And Kirkland & Ellis LLP acted as legal counsel.
KEY QUOTE:
“Our team is humbled by the enthusiastic support for Fund VII by our investors, particularly in the midst of a challenging fundraising environment industry-wide. It’s a testament to the hard work and ingenuity of our team. We are excited to continue to deploy our time-tested investment strategy, with the aim of providing the highest quality talent and capital solutions needed to significantly enhance the growth of small-cap services companies.”
— Trinity Hunt Managing Partner Blake Apel
