HGGC Closes Oversubscribed Fund V at $3.2 Billion

HGGC, LLC (“HGGC” or the “Firm”), a values-driven, partnership focused middle-market private equity firm, today announced the final closing of its fifth fund, HGGC Fund V (the “Fund” or “Fund V”), with approximately $3.2 billion in total capital commitments. The Fund was oversubscribed and secured investor commitments in approximately twelve months, meaningfully exceeding its target of $2.5 billion and original hard cap of $2.8 billion.

HGGC now manages over $10 billion in assets under management (as of December 31, 2025). Fund V’s investor base includes global public and private pension funds, sovereign wealth funds, insurance companies, family offices, and other institutional investors. Along with strong support from existing investors, the Fund welcomed a broad set of new investors. Prior to the final close, Fund V invested in four platform companies: Equity Methods, Sterling Brokers, Inspired PLC, and Centralis Group.