Proud moment for the team — Fund V closed above our hard cap and the platform now surpasses $10B in AUM. Grateful to our LPs and partners for the continued trust.
WATCH: https://t.co/IK88bWk2QB
It’s not every day you get to hear from KKR’s George Roberts, Hamilton Lane’s Jeff Armbrister, OpenAI’s Kunal Malik and Bloomberg’s Jason Kelly along with so many other outstanding speakers in one setting.
Thank you to all of our investors, CEOs and friends of HGGC who took the time to join us for this year’s Annual Meeting. We’re deeply appreciative of the engagement, insights and partnership that made the event so meaningful.
HGGC, the private equity firm co-founded by NFL Hall of Famer Steve Young, has raised $3.2 billion for its fifth fund, surpassing its initial $2.5 billion target and hard cap of $2.8 billion. The fund attracted commitments from pensions, endowments, family offices, and sovereign wealth funds, despite a challenging fundraising environment marked by higher interest rates and lower private equity distributions. CEO Rich Lawson highlighted the firm’s focus on middle-market deals as a key draw for investors, while Young emphasized HGGC’s disciplined strategy and continuity through the promotion of key managing partners. With over $10 billion under management, HGGC leverages its track record—fund three returned 2.3x and fund four 1.6x net—to position itself as both a buyer and seller in today’s market.
FOUNDERS: Steve Young & Rich Lawson
AMOUNT: $3,200,000,000
HQ: Palo Alto, California
#VentureCapital #HGGC #SteveYoung #RichLawson #TradedVC
Even after three Super Bowl wins, Steve Young tells @arod and @JasonKellyNews that impostor syndrome never fully goes away—and may even fuel success.
For Young, leadership in the NFL and the boardroom comes down to the same thing: trust, relationships and shared purpose. More on The Deal https://t.co/HslBFirux1
HGGC has closed its fifth flagship fund with $3.2 billion in capital commitments to invest in the #tech, consumer, business services, and financial services sectors. https://t.co/a37fz6j9TN
#HGGC#PrivateEquity#PaloAlto
Today @HGGC_LLC, the PE firm I co-founded in ‘08 closed our 5th fund, surpassing all targets. It's a big milestone, reflecting the grit of our unwavering team+partners, & that the quiet consistency of our approach to build real value together resonates across almost 20 years.
HGGC, the private equity firm co-founded by Hall of Fame quarterback Steve Young, amassed $3.2 billion for its fifth fund, exceeding its initial target despite a muted fundraising environment https://t.co/X4Jpxbr0Uf
A strong way to close out the year. Today’s SnapDragon transaction for Better Being builds on a series of successful HGGC exits to Warburg Pincus (SRG), The Carlyle Group (Trucordia), KKR (Marmic), and THL Partners (AMI). Expecting an exciting 2026 ahead in Mid-Cap #PrivateEquity
“The exit starts before the deal — because building a great business never stops.”
@Rich_Lawson, Co-Founder & CEO of @HGGC_LLC, shared how the mid-cap opportunity is expanding — and why success begins with backing fundamentally strong, asset-light businesses led by great teams.
He also underscored the people side of private equity: nearly 80% of HGGC’s team is homegrown, reflecting his belief that the best investments are the ones you make in people.
Lawson began his career at @MorganStanley alongside Joe Baratta of @blackstone and Todd Kahn of @tpg - proof that talent, curiosity, and grit create careers that stand the test of time.
At our 8th Private Equity Forum in San Francisco — with @CourtMcQuade.
#MarketsGroupPE #PrivateEquity #Fundraising #AlternativeInvestments #InstitutionalInvesting #VentureCapital #SanFranciscoFinance
Carlyle is providing Trucordia with a $1.3 billion equity infusion that values the insurance brokerage at $5.7 billion, or 19% more than in the firm’s 2023 growth investment
https://t.co/2ZPDW4GtNG
I’m looking forward to returning to the @SuperReturn International stage in Berlin for the Private Equity State of the Union keynote on June 4th - hope to catch you in Europe next month.
#privateequity#superreturn
In 2017, with revenues of $40m, I stood in front of a scrappy, ambitious crew and handed out a sheet of paper with some pretty bold dreams on it. On that list? A number that felt just out of reach: $1 billion in annual revenue by 2020. Well, I might have been a few years off but here we are...
https://t.co/0MPaTyJMOn
Fullscript has received more funding from its key backers as the health-care technology firm cruises toward the billion-dollar-revenue mark in 2025.
https://t.co/CBNDB6Ap6L
#Ottawa#ottnews#OBJ
HGGC, Snapdragon Expand Investment in Fullscript
Fullscript is a healthcare platform powering whole person care. #Patientcare#wholepersoncare
https://t.co/En3f0Ttruz
Fullscript Accelerates Growth with Expanded Investment from HGGC and Snapdragon; Leonard Green & Partners Backs New Phase Through Continuation Vehicle https://t.co/PndIm5ykTF