– HGGC announced the final closing of HGGC Fund V with approximately $3.2 billion in total capital commitments
– Fund V was oversubscribed and closed in about 12 months
– The fund exceeded its $2.5 billion target and original $2.8 billion hard cap
– HGGC now manages over $10 billion in assets under management (as of December 31, 2025)
– The investor base includes global public and private pension funds, sovereign wealth funds, insurance companies, family offices, and other institutional investors
– The fund received strong support from existing investors and welcomed a broad group of new investors
– The fundraising success reflects the strength of the firm’s franchise, disciplined capital deployment, significant distributions in a liquidity-constrained market, and strong limited partner relationships
– Founded in 2007, HGGC’s mission is to build value through a partnership-driven, values-based approach
– The firm focuses on business quality, active value creation, and long-term collaboration with investors, operators, founders, and management teams
– Fund V will target investments across the technology, business services, financial services, and consumer sectors