HGGC Hires, Promotions Herald Fundraise 

Rich Lawson

Hiring, promotions and fundraising often go hand in hand in hand in private equity. Such is the case with Palo Alto, California-based HGGC.

Yesterday the prolific deal-maker–over the last two and a half years the firm has acquired 10 platform companies and more than 50 add-ons–said it had hired 12 new professionals across both operations and investing. That brings its headcount to close to 70. It also promoted four.

The build-up comes as HGGC gears up to raise a fourth fund likely to eclipse $2 billion in size–a healthy notch up from the $1.84 billion the firm speedily raised just under three years ago. Earlier this year, following an investment by Dyal Capital Partners, the firm announced five new hires and 10 promotions.


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Diverse candidates scarce, Palladium Equity open to hiring mid-level professional at any time

Junior professionals pose before a meeting in a conference room of Palladium Equity Partners

Fresh on the heels of closing a $1.56 billion fund, New York City-based Palladium Equity Partners is “opportunistically” looking to hire a mid-level professional–a senior associate, vice president or principal, according to Dale Pescatore, vice president.

Candidates with expertise in health care, services or industrials–three of Palladium Equity’s target industries–would be particularly desirable. The 22-year-old firm, which acquires family-run, mid-sized businesses, many of them serving the Hispanic population, also values employees with a variety of backgrounds.

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