– Kline Hill Partners, a firm specializing in the private equity secondary market, announced a strategic minority investment from TA Associates.
– TA Associates is a global private equity firm with deep experience in asset and wealth management.
– The partnership aims to support Kline Hill’s continued growth, specialization, and technological advancement.
– Michael Bego, Founder and Managing Partner of Kline Hill, emphasized the partnership as a strong endorsement of the firm’s strategy and performance.
– Kline Hill focuses on smaller LP and GP-led transactions in underserved areas of the secondary market.
– Priya Karkar, Head of Investor Relations, highlighted TA’s alignment with Kline Hill’s values of sustainable, long-term growth.
– Kline Hill is headquartered in Greenwich, Connecticut, with offices in Zurich and the Philippines.
– The firm covers a broad range of secondary transactions across private equity, venture capital, growth equity, and other strategies.
– Since 2015, Kline Hill has raised five fund series totaling over \$5.4 billion in AUM.
– The firm completed or signed over 160 deals in 2024 and more than 625 since inception.
– Kline Hill has transferred approximately 3,000 interests and is recognized as a leader in the small-deal secondaries market.
– TA Managing Director Roy Burns praised Kline Hill’s sourcing model, client solutions, and leadership.
– TA aims to expand employee ownership and support long-term value creation for Kline Hill’s stakeholders.
– Rodrigo Bassit, Vice President at TA, expressed confidence in Kline Hill’s team and its future growth potential.
