DALLAS–(BUSINESS WIRE)–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.
This communication is for informational purposes only, and should not be construed as investment, legal or tax advice. This communication is not intended as an offer to sell any security and does not constitute an offer or a solicitation to buy, hold, or sell an interest in Fund V or any other security. All investments involve a significant degree of risk, and there can be no assurance that Trinity Hunt Partners’ investment objectives will be achieved or that any investment will be profitable. Past performance is not necessarily indicative of the future performance or the profitability of an investment in any pooled investment vehicle managed by Trinity Hunt Partners. Nothing contained herein is or should be relied upon as a promise, representation or guarantee as to the future performance of any investment or any pooled investment vehicle managed by Trinity Hunt Partners.
Certain information contained herein constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “intend,” “continue,” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of any entity or transaction may differ materially from those reflected or contemplated in such forward-looking statements. The information contained herein is believed to be reliable but no representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of such information by Trinity Hunt Partners, its directors, partners or employees and no liability is accepted by such persons for the accuracy of completeness of any such information.