Trinity Hunt Partners has closed its fifth fund at $350 million, beating its $300 million target. Fund V’s limited partners include insurance companies, pension funds, endowments and foundations, consultants, fund of funds, family offices and high-net worth individuals. Credit Suisse Securities (USA) LLC was global fundraising adviser while Jones Day acted as legal counsel.
Dallas – October 3, 2018 – Trinity Hunt Partners, a Dallas-based private equity firm, is pleased to announce the final closing of Trinity Hunt Partners V, L.P. (“Fund V” or the “Fund”) at its hard cap of $350 million in capital commitments. Due to significant demand from existing investors and strong interest from new investors, Fund V was oversubscribed and exceeded its initial target of $300 million.
The Fund will pursue the same investment strategy Trinity Hunt Partners has employed since its inception – partnering with growing founder and family-owned businesses within the business services, healthcare, consumer, and industrial sectors.
Fund V’s investors include a highly regarded, diverse group comprised of leading insurance companies, pension funds, endowments and foundations, consultants, fund of funds, family offices, high net worth individuals, and several former portfolio company executives.
Dan Dross, Managing Partner of Trinity Hunt Partners, said, “We believe the strong demand for Fund V is the result of our differentiated sourcing, cohesive team and solid track record. Fund V has already completed two platform investments and we anticipate generating additional compelling investment opportunities. We look forward to working with our management partners to build founder and family-owned businesses into market leaders.”
Credit Suisse Securities (USA) LLC served as global fundraising advisor and Jones Day acted as legal counsel.
About Trinity Hunt Partners
Based in Dallas, Trinity Hunt Partners is a middle-market private equity firm with approximately $775 million under management, focused on building founder and family-owned growth businesses into market leaders. Trinity Hunt Partners has earned a reputation for working effectively with entrepreneurs to provide strategic, operational, and financial expertise to help elevate their companies to the next level of success. For more information, please visit www.trinityhunt.com.