Dallas-based firm Trinity Hunt Partners closed its latest fund at its hard cap of $460 million for an ongoing focus on growth-oriented middle market companies.
Trinity Hunt Partners VI will focus on the private equity firm’s thematic investment strategy on eyeing small-cap companies in business, healthcare and consumer services subsectors where there is an opportunity to drive transformational growth.
“The outcome is a testament to the impressive performance of our highly talented investment team, support team, and network of valued partners, which include portfolio company executives, lenders, buy side advisors, diligence providers and value creation consultants,” said Trinity Hunt Managing Partner Blake Apel of the fundraise.
Apel, who joined the firm from Bain & Co. in 2007, was recently promoted to managing partner.
The team remains focused on U.S.-based companies with EBITDA of between $4 million and $25 million. Officials typically invest between $15 million and $50 million into each portfolio company with the option to invest additional equity capital via co-investment from limited partners.