Great Hill Partners has held a first and final closing of Great Hill Equity Partners VI, LP, at the hard cap of $1.5 billion. Fundraising began in September with a target of $1.25 billion. Great Hill did not use a placement agent for this fundraise.
Great Hill invests from $25 million to $150 million of capital per transaction to finance the expansion, recapitalization or acquisition of growth companies in a range of sectors within the business and consumer services, healthcare, media, communications and software industries. Typical transaction sizes range from $25 million to $500 million.
Fund VI will be invested by Great Hill Partners’ team of 25 investment professionals, led by Managing Partners Christopher Gaffney, Michael Kumin, Mark Taber, Matthew Vettel; Partners Christopher Busby, Nick Cayer, Rafael Cofiño, Peter Garran; and CFO Laurie Gerber.
Great Hill was founded in 1998 and is based in Boston (www.greathillpartners.com).
Latham & Watkins (www.lw.com) was the financial advisor to Great Hill.
© 2017 Private Equity Professional | February 3, 2017
