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Thompson Street Capital Partners Closes Sixth Private Equity Fund With Over $1.5B of Commitments

August 16, 2022, 07:21 AM
Filed Under: Private Equity News

Thompson Street Capital Partners (“TSCP”), a private equity firm focused on investing in founder-led middle market businesses, cloed its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (“TSCP VI” or the “Fund”). The Fund was oversubscribed with total commitments exceeding the $1.5 billion target.

Commitments to TSCP VI came from a well-respected and diverse group of new and existing global limited partners, including leading public, corporate and foreign pension funds, endowments, insurance companies, foundations and family offices. As with its prior funds, TSCP’s partners made substantial capital commitments to TSCP VI.

“Our focus when we launched the firm 22 years ago was to invest in exceptional companies and facilitate their strategic growth, and our track record illustrates we’ve done exactly that,” said Jim Cooper, Founder and Managing Partner of TSCP. “The support for TSCP VI from both existing and new investors has been excellent, demonstrating confidence in the strength of our team and the success of our investment approach.”

TSCP pursues investment opportunities in the Life Sciences & Healthcare, Software & Technology, and Business and Consumer Services and Products sectors. TSCP VI will focus on equity investments of $50 million to $250 million in companies with EBITDA between $5 million and $50 million. The firm has begun actively investing the new fund, with approximately twenty-five percent of the Fund already invested in four platforms.

“We are excited to continue to grow our firm, as we remain committed to our fundamental strategy of partnering with founders and management teams in our core industries of focus," said Bob Dunn, Managing Partner of TSCP, “and then providing the right support and resources to help these already-exceptional businesses achieve accelerated growth – creating value for founders, management teams and our investors.”

Kirkland & Ellis LLP served as fund counsel for TSCP. Park Hill Group acted as placement agent for TSCP.





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