– BayHawk Capital (“BayHawk”) is a Boston-based private equity firm focused on founder-owned technology and essential services businesses
– The firm announced the final close of its inaugural fund, BayHawk Capital Fund I, at $616 million in total commitments
– Fund I closed oversubscribed at its hard cap and above its original target of $475 million
– The fundraise was supported by a diverse investor base including leading endowments, institutions, family offices, and long-standing members of the BayHawk network
– BayHawk was founded in 2024 by THL Partners veterans Jeff Swenson and Doug Haber
– The team brings deep sector expertise and a hands-on approach to scaling durable, high-growth companies
– Fund I is being actively deployed, with two platform investments completed to date
– BayHawk has a strong pipeline of founder-owned companies benefiting from secular tailwinds
– The firm positions itself as a differentiated partner focused on professionalization and consolidation to build scale
– Jeff Swenson highlighted strong LP confidence and alignment around BayHawk’s culture, values, and partnership-driven approach
– Doug Haber emphasized the firm’s thematic sourcing model, sector specialization, and operational value-add in founder-owned businesses
