Trive Capital Announces the Final Closing of Trive Capital Fund V, Exceeding Target
- Editor
- Apr 3
- 2 min read
Whats Happening:
Trive Capital, a Dallas-based private equity firm, has successfully closed its Fund V with total commitments of $2.7 billion, exceeding its target of $2.5 billion. This follows the closing of their predecessor program in April 2022, which raised $2.0 billion. Fund V will continue Trive's strategy of investing in middle-market companies with a sector-agnostic but situation-specific approach, focusing on creating value through hands-on operational improvements.
Key Moves:
Trive Capital closes Fund V at $2.7 billion, exceeding $2.5 billion target
Fund V continues middle-market investment strategy with hands-on operational approach
Seven investments already made demonstrating Trive's investment strategy
By The Numbers:
Fund V raised $2.7 billion, exceeding $2.5 billion target
Predecessor fund closed at $2.0 billion in April 2022
Trive has over $8 billion in regulatory assets under management
Key Quotes:
"We are grateful for the continued support from our existing Limited Partners, as well as many new investors across the world, who share our vision and commitment to driving growth and value creation in companies," - Conner Searcy, Co-Founder and Managing Partner
"We are excited to deploy Fund V and continue our strategy of identifying and investing in companies with strong growth potential. Our flexible structuring, hands-on approach and deep industry expertise will be key drivers of the success of these investments." - Chris Zugaro, Co-Founder and Partner
Bottom Line:
Trive Capital's successful closing of Fund V at $2.7 billion, exceeding its target, demonstrates strong investor confidence in the fund's middle-market investment strategy. With seven investments already made and a focus on hands-on operational improvements, Trive is well-positioned to continue its track record of value creation in the private equity space.
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