TN-based Seven Hills Capital secures an Inaugural fund Seven Hills Capital Fund I, L.P., at $125M. A wide range of institutional limited partners contributed capital to the fund, including outsourced CIOs, single and multi-family offices, and endowments from colleges and universities.
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Regarding the fundraising, Seven Hills’ exclusive placement agent was Pacenote Capital LLC. Fund administration was handled by IQ-EQ, and legal counsel for the fundraising efforts was supplied by McGuireWoods LLP.
Matthew Pettit, Founder of Seven Hills commented, “We are humbled to have received such strong support for our debut committed-capital fund. We set out to partner with supportive investors who understood and shared our enthusiasm for building best-in-class healthcare businesses across a limited number of partnerships. We are grateful for the outstanding work by Pacenote, both in identifying exceptional long-term investors to support our mission, and also for their conviction in us as personal investors in the fund.”
Seven Hills Capital is an operator-centric private equity firm that was founded in 2016 by Matthew Pettit and is solely focused on developing lower middle market healthcare services companies. Drawing from its background as both founder operators and private equity investors, SHC takes a hands-on approach to business development, working closely with CEOs and Partner Companies.
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About Seven Hills Capital
Seven Hills Capital is a private equity firm that focuses solely on opportunities in the healthcare industry, with an operator-centric approach. Seven Hills, which was founded by former operators, is a firm believer in fostering long-term partnerships with all parties involved.
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