Hellman & Friedman

Hellman & Friedman is a leading private equity investment firm founded in 1984, with offices in San Francisco, New York, and London. The firm specializes in large-scale equity investments in high-quality growth businesses across various sectors, including software and technology, financial services, healthcare, consumer and retail, and business services. Hellman & Friedman has raised over $70 billion of committed capital and invested in more than 100 companies. Their investment approach emphasizes deep sector expertise, long-term orientation, and a collaborative partnership with management teams to drive value creation. The firm is currently investing its tenth fund, Hellman & Friedman Capital Partners X, with over $24 billion of committed capital, and has over $80 billion in assets under management and committed capital. Notable portfolio companies include DoubleClick, Goodman Global, Gartmore, Texas Genco, GCM Grosvenor, Nielsen Company, Nasdaq, Internet Brands, PPD, and UKG. Hellman & Friedman has a history of significant investments, such as the $1.1 billion acquisition of Renaissance Learning in 2014 and the $24.4 billion closing of its tenth fund in 2021. The firm's investment philosophy focuses on building a concentrated portfolio of scale investments in industries where they have developed significant expertise, avoiding asset-intensive or industrial businesses like manufacturing, chemicals, and transportation. Investors in Hellman & Friedman's funds include many of the largest U.S. and international public pension funds, sovereign wealth funds, corporate pension funds, university endowments, and foundations, many of whom have been investing with the firm for decades.