Dyal Capital Partners Takes Minority Stake in HGGC
March 26, 2019
Dyal Capital Partners, a division of Neuberger Berman, has acquired a passive non-voting minority stake in Palo Alto–based private equity firm HGGC. The undisclosed investment is a capital infusion intended to strengthen HGGC's balance sheet, support continued platform growth, and increase commitments to its funds while leaving day-to-day management unchanged.
- Buyers
- Dyal Capital Partners (a division of Neuberger Berman)
- Targets
- HGGC
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Growth capital
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