Dallas-based private equity firm Trinity Hunt has raised $211 million in the final close of its fourth fund. The pool’s LPs include pension funds, insurance companies, endowments, fund of funds and family offices. The fund will continue the firm’s focus on lower middle market companies primarily located in the Southwest, Southeast and lower Midwest. BerchWood Partners acted as global placement agent.
PRESS RELEASE
Dallas, Texas, Dec. 18, 2013 – Trinity Hunt Partners (“Trinity Hunt”) is pleased to announce the final closing of Trinity Hunt Partners IV, L.P. (“Fund IV”), with $211 million in capital commitments, which is approximately the same amount as its prior fund. Fund IV will continue the firm’s investment strategy of partnering with owner/operators of successful lower middle market companies primarily located in the Southwest, Southeast and lower Midwest regions of the U.S. The limited partners in Fund IV are comprised of a diverse group of pension funds, insurance companies, endowments, fund of funds, family offices as well as several former portfolio company executives.
“We are appreciative of the continued support that we received from our existing investors and are gratified that we were able to attract several well regarded new institutional investors in Fund IV. We also wish to thank the management teams with whom we have partnered in our prior funds and whose performance has aided this fund raising,” said Dan Dross, Managing Partner. “We look forward to continuing our partnerships with exceptional lower middle market management teams in the industrial, healthcare and business service sectors and employing the same strategy that has enabled Trinity Hunt to generate strong returns,” added Pete Stein, Managing Partner.
To date, Fund IV has made two platform investments; the first in Equivalent Data, a Houston-based, legal process outsourcing business. The second investment was in Lakeview Health, a substance abuse treatment facility in Jacksonville, FL.
BerchWood Partners served as global placement agent and Jones Day served as legal advisor for the Fund.
About Trinity Hunt Partners
Trinity Hunt is a private equity firm based in Dallas, Texas, and known throughout the Southwest, Southeast and lower Midwest Regions of the U.S. for working closely with entrepreneurs and family-owned businesses to provide strategic, operational and capital expertise to help take companies to the next level. Our team has successfully invested over $1.3 billion of equity capital in more than 50 platform companies spanning a diverse array of industries and economic cycles. To learn more about Trinity Hunt Partners or to discuss a new opportunity, contact Mr. Scott Colvert at 214-777-6603 or Scolvert@trinityhunt.com.