Bregal Sagemount Closes Fund V at $3.5 Billion Hard Cap

– Bregal Sagemount closed Fund V at $3.5 billion in capital commitments

– The fund was oversubscribed and closed at its hard cap, up from Fund IV’s $2.65 billion

– Launched in Q4 2025, Fund V was raised in just over four months

– The majority of capital came from returning limited partners, with select new institutional investors joining

– Gene Yoon highlighted strong investor support and said the firm’s flexible capital and value creation model continues to perform across cycles

– Fund V will continue backing durable growth companies with high recurring revenues in end markets driven by secular growth

– Sagemount has been the first institutional capital partner to bootstrapped companies in 80% of its investments

– Shea Goggin emphasized that long-term LP relationships and consistent liquidity delivery enabled a highly efficient raise with strong re-up participation

– The investor base is primarily North American pension funds, insurers, endowments, foundations, and family offices

– The fund also added select institutional LPs from Europe and South America

– Since 2012, Sagemount has raised $11 billion across equity and credit strategies

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