HGGC
Private equityPalo Alto
Investment thesis
HGGC is a middle-market private equity firm founded in 2007 that pursues partnership-oriented investing in technology, business services, financial services, and consumer businesses. The firm has completed more than 730 platform investments, add-ons, and exits representing over $79 billion in enterprise value.
What they invest in
from 3 of 46 portfolio companiesEnterprise Software Γ2Cloud Computing Γ1Data & Infrastructure Γ1Developer Tools Γ1EdTech Γ1Retail Tech Γ1SaaS Γ1
HQs:United StatesΓ2
Investments Β· 46 tracked
founders shown can be your intro path
Mi9 Retail provides enterprise software for retailers, wholesalers, and brands that combines product planning, inventory management, customer engagement, and point-of-purchase capabilities.
Cloud ComputingEnterprise SoftwareRetail Tech
Fund performance Β· per public LP disclosures Β· 5
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| HGGC Hawk Fund II COV, L.P.LPs: Pennsylvania Public School Employees' Retirement System | 2025 | β | β | 0.98x | 0.98x |
| HGGC Hawk Fund III COV, L.P.LPs: Pennsylvania Public School Employees' Retirement System | 2025 | β | β | 0.98x | 0.98x |
| HGGC Fund IV, L.P.LPs: Northern LGPS, Fresno County Employees' Retirement Association | 2019 | β | β | 1.68x | 0.54x |
| HGGC Fund III, L.P.LPs: Pennsylvania Public School Employees' Retirement System, California State Teachers' Retirement System, West Yorkshire Pension Fund | 2017 | β | 25.5% | 2.32x | 1.80x |
| HGGC Fund II, L.P.LPs: Pennsylvania Public School Employees' Retirement System, San Diego City Employees' Retirement System, West Yorkshire Pension Fund | 2014 | β | 13.1% | 1.83x | 1.20x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What sectors does HGGC focus on?
- HGGC focuses on Consumer, Enterprise Software, Fintech.
- Where is HGGC located?
- HGGC is headquartered in Palo Alto.
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