Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, has announced the completion of its fundraising for Great Hill Equity Partners VIII, L.P. (the Fund) with total commitments of US$4.65 billion, inclusive of the General Partner commitment. The fundraise process was launched in September 2021, and the Fund was significantly oversubscribed, with demand exceeding the original US$3.5 billion target. Great Hill has now raised over US$12 billion in commitments since its founding.
Latham & Watkins LLP advised Great Hill in the fund formation with an Investment Funds Practice team led by New York partner Andrea Schwartzman, with associates Erin Bergey, Christina Smith, and Hane Kim. New York partner Gregory Hannibal, with associates Lauren Bewley and Michael Syku, advised on tax matters.