HGGC has closed HGGC Fund V at roughly $3.2 billion, exceeding its $2.5 billion target and $2.8 billion hard cap after securing commitments in about 12 months. The fundraise comes amid a challenging private equity fundraising environment and brings the firm’s total assets under management to more than $10 billion as of December 31, 2025.
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Source: https://www.themiddlemarket.com/latest-news/hggc-closes-3-2b-fund-v-above-target