December 2023 - Seven Hills Capital Holds First and Final Closing of Inaugural Fund
December 2023 – Seven Hills Capital ("SHC" or “Seven Hills”), proudly announces the first and final closing of its inaugural fund, Seven Hills Capital Fund I, L.P. The fund successfully secured $125 million of investor capital commitments, reaching its hard cap in three months.
Founded in 2016, Seven Hills Capital is an operator-centric private equity firm that focuses exclusively on building lower middle market healthcare services companies. SHC draws on its unique experiences as both founder operators and private equity investors, with a unique hands-on approach to business building with its Partner Companies and CEOs.
The fund attracted capital from a diverse group of highly respected institutional limited partners, which include prestigious college and university endowments, single and multi-family offices, and outsourced CIOs. Pacenote Capital LLC served as exclusive placement agent for Seven Hills in connection with the fundraising. McGuireWoods LLP provided legal counsel in connection with the fundraising, and IQ-EQ served as fund administrator.
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.”
As Seven Hills Capital continues to expand its footprint, it remains committed to leveraging Nashville's unique blend of healthcare expertise, community focus, and entrepreneurial spirit.
About Seven Hills Capital
Seven Hills Capital is an operator centric private equity firm, focused exclusively on opportunities within healthcare services. Founded by former operators, Seven Hills believes in building long-term businesses through collaboration with all stakeholders.