Shamrock Capital Raises $1.6 Billion for Sixth Private Equity Flagship and Inaugural Small Cap Funds

– Shamrock Capital, a Los Angeles-based investment firm, announced the final closing of two funds: Shamrock Capital Growth Fund VI, L.P. (Growth VI) and Shamrock Capital Clover Fund I, L.P. (Clover I).

– The Funds collectively raised $1.6 billion in capital commitments.

– Growth VI was launched in Q1, quickly oversubscribed, and surpassed its hard cap, raising $1.25 billion.

– Clover I also exceeded its target, raising approximately $320 million within six months.

– The Funds will focus on buyout and later-stage growth equity investments in middle-market companies within Shamrock’s target sectors: media, entertainment, content, communication, sports, marketing, and education.

– Growth VI will participate in equity investments of at least $45 million.

– Clover I, a new fund for Shamrock, will focus on investments under $45 million.

– The Funds will follow Shamrock’s established investment strategy, emphasizing proprietary deal flow, thematic approach, and value creation.

– Shamrock’s senior investment professionals will lead the Funds, leveraging firm-wide resources and a shared deal pipeline.

– Steve Royer, President and Partner, expressed gratitude for the ongoing support from existing investors and excitement for new partnerships.

– Clover I is co-headed by Partners Ryan Smiley, who rejoined Shamrock from RLH Equity Partners, and Sam Halls, a decade-long Shamrock team member.

– Clover I’s team includes Vice Presidents Sreyas Samantula and Ari Adler.

– Strong interest from new and existing investors reflects confidence in Shamrock’s investment strategy, sector expertise, and 23-year track record.

– Over 100% net dollar retention was achieved from existing limited partners in the previous flagship fund.

– Investors in the Funds include pension funds, endowments, foundations, family offices, insurance companies, and other financial institutions.

– Proskauer Rose LLP served as Shamrock’s legal advisor; no placement agent was used in the fundraise.