Trivest Partners closes second growth fund

The firm also closed its discovery fund which brings total capital commitments to $670 million.

  • Fund name: Trivest Growth Investment Fund II
  • Amount raised: $435 million
  • Target size: $410 million
  • Stage of fundraising: Final close
  • Predecessor fund: Trivest Growth Investment Fund ($225 million)
  • Legal adviser: Greenberg Traurig
  • Placement agent: Shannon Advisors

Trivest Partners closed Trivest Growth Investment Fund II and Trivest Discovery Fund at $435 million and $235 million respectively. Both funds invest exclusively in founder/family-owned companies.