– Silversmith Capital Partners announced the first and final close of its fifth fund, Silversmith Capital Partners Fund V, at $1.7 billion.
– Fund V includes $1.6 billion from limited partners and $110 million from the Silversmith team.
– With this close, Silversmith surpasses $5 billion in total capital commitments in 10 years.
– Fund V launched in May 2025 and was oversubscribed, closing at its target and hard cap in just three months.
– “Since day one, we’ve stayed focused on what we do best – backing exceptional founders solving real problems,” said Todd MacLean, Managing Partner of Silversmith.
– The firm maintains a founder-first strategy focused on backing exceptional entrepreneurs in technology and healthcare.
– Over 70% of Silversmith’s capital has been invested as the first institutional check into founder-led, bootstrapped businesses.
– Fund V will continue to make both minority and majority investments in growth-stage technology and healthcare companies.
– Sri Rao has been named managing partner, joining founding managing partners Jeffrey Crisan, Todd MacLean, Jim Quagliaroli, and Lori Whelan.
– “Sri embodies what we’re trying to do at Silversmith,” said Jim Quagliaroli, Managing Partner. “He leads with humility, puts founders first, and brings deep domain expertise.”
– Rao, who joined in 2015, has been instrumental in shaping Silversmith’s strategy, team, and culture.
