Insight

Seven Hills Capital collects $125m for debut fund

Seven Hills Capital Fund I's limited partners include college and university endowments, family offices and outsourced CIOs.

-
  • Pacenote Capital LLC was placement agent for Seven Hills in connection with the fundraising
  • McGuireWoods LLP provided legal counsel for the fund while IQ-EQ served as fund administrator
  • Based in Nashville, Seven Hills is focused on building lower middle market healthcare services companies

Seven Hills Capital has closed its inaugural fund at $125 million.

Seven Hills Capital Fund I’s limited partners include college and university endowments, family offices and outsourced CIOs.

Pacenote Capital LLC was placement agent for Seven Hills in connection with the fundraising. McGuireWoods LLP provided legal counsel for the fund while IQ-EQ served as fund administrator.

On the fundraising, Matthew Pettit, a founder of Seven Hills said in a statement, “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.”

Based in Nashville, Seven Hills is focused on building lower middle market healthcare services companies. The firm was founded in 2016.