Fund: Trive Capital Fund IV and Trive Structured Capital Fund I
Amount raised: $1.6 billion and $350 million
Stage of fundraising: Final close
Final close date: April 2022
Time on the road: 15 months
Trive Capital has held final closes for Trive Capital Fund IV and Trive Structured Capital Fund I, on $1.6 billion and $350 million respectively. Both funds exceeded their initial targets and hit their hard-caps, according to the press release. Like their predecessors, both funds will invest in mid-market businesses in the US.