Managers/Private equity/California/Hellman & Friedman

Hellman & Friedman

Hellman & Friedman is a private equity manager in San Francisco, CA. It is registered with the SEC as an investment adviser with $110.4B in regulatory assets and 120 staff. It has 34 funds on file, the latest reported in October 2025.

Funds on file
34
Raised, all funds
$60.5B
Regulatory assets
$110.4B
Staff
120
Pension investors
17
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Oct 2025 Midnight Sun Partners, L.P. Private equity $0 Not given
Oct 2024 Icicle Partners II, L.P. Private equity $0 Not given
Dec 2023 Paddington Partners 2, L.P. Private equity $0 Not given
Dec 2023 Paddington Partners 3, L.P. Private equity $0 Not given
Dec 2023 Paddington Partners, L.P. Private equity $0 Not given
Oct 2023 H&F Executives XI-A, L.P. Private equity $0 Not given
Oct 2023 H&F Executives XI, L.P. Private equity $0 Not given
Jul 2023 Hellman & Friedman Capital Partners XI, L.P. Private equity $20.2B Not given
Jul 2023 Hellman & Friedman Capital Partners XI (Parallel), L.P. Private equity $20.2B Not given
Jul 2023 HFCP XI (Parallel - A), L.P. Private equity $20.2B Not given
May 2022 Icicle Partners, L.P. Private equity $0 Not given
Feb 2022 Zorro Partners, L.P. Private equity $0 Not given
Aug 2021 Mend Partners II, L.P. Private equity $0 Not given
Aug 2021 Mend Partners I, L.P. Private equity $0 Not given
Mar 2021 Samson Brunello 1, L.P. Private equity $0 Not given
Mar 2021 Samson Brunello 2, L.P. Private equity $0 Not given
Mar 2021 Samson Brunello 3, L.P. Private equity $0 Not given
Feb 2021 Hellman & Friedman Capital Partners X, L.P. Private equity $0 Not given
Feb 2021 Hellman & Friedman Capital Partners X (Parallel), L.P. Private equity $0 Not given
Feb 2021 HFCP X (Parallel-A), L.P. Private equity $0 Not given
Feb 2021 H&F Executives X-A, L.P. Private equity $0 Not given
Feb 2021 H&F Executives X, L.P. Private equity $0 Not given
Dec 2020 Samson Hockey 1, L.P. Private equity $0 Not given
Dec 2020 Samson Hockey 2, L.P. Private equity $0 Not given
Dec 2020 Samson Hockey 3, L.P. Private equity $0 Not given
Dec 2020 Samson Hockey Partners 1, L.P. Private equity $0 Not given
Dec 2020 Samson Hockey Partners 2, L.P. Private equity $0 Not given
Dec 2020 Samson Shield 1, L.P. Private equity $0 Not given
Dec 2020 Samson Shield 2, L.P. Private equity $0 Not given
Dec 2020 Samson Shield 3, L.P. Private equity $0 Not given
Oct 2020 Samson Partners, L.P. Private equity $0 Not given
Aug 2020 H&F Arrow 1, L.P. Private equity $0 Not given
Aug 2020 H&F Arrow 2, L.P. Private equity $0 Not given
Aug 2020 H&F Arrow 3, L.P. Private equity $0 Not given

History

Hellman & Friedman is a private equity manager based in San Francisco, California. The firm is a registered investment adviser, meaning it is signed up with securities authorities to manage money for others. It reported $110.4B in regulatory assets and 120 staff as of August 2026.

The firm has 34 funds on file and has raised $60.5B across all of them. Hellman & Friedman Capital Partners XI, L.P. has been raising since December 2022 and had taken in $20.2B as of July 2023. A parallel vehicle, HFCP XI (Parallel - A), L.P., also began raising in December 2022 and reported $20.2B in July 2023, alongside 32 other smaller vehicles.

The newest main fund, Hellman & Friedman Capital Partners XI, L.P., stood at $20.2B in July 2023, and no target has been reported. Washington PERS Plan 2/3 committed $750M to that fund, $750M to Fund IX in 2020 and $600M to Fund VIII in 2016. CalPERS committed $940M to Fund X in 2021 and $578.7M to Fund IX in 2020, and Kentucky Teachers invested in Funds VII and VIII.

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$110.4B
Employees120
Clients45 private funds.
Control personsPhilip, Ulfsson Hammarskjold, Patrick, John Healy, Allen, Russell Thorpe, David, Randolph Tunnell.
Private funds42 private funds holding $105.7B in gross assets.

Private funds it reports

FundTypeGross assets
09.01 Hellman & Friedman Capital Partners IX Private equity $13.9B
11.02 Hellman & Friedman Capital Partners XI (parallel) Private equity $13.4B
10.01 Hellman & Friedman Capital Partners X Private equity $13.1B
10.02 Hellman & Friedman Capital Partners X (parallel) Private equity $11.8B
08.1 Hellman & Friedman Capital Partners Viii Private equity $10.4B
09.02 Hellman & Friedman Capital Partners IX (parallel) Private equity $10B
11.01 Hellman & Friedman Capital Partners XI Private equity $8.1B
08.2 Hellman & Friedman Capital Partners Viii (parallel) Private equity $4.7B
07.1 Hellman & Friedman Capital Partners Vii Private equity $2.1B
09.17 Samson Partners Private equity $1.9B
09.14 Samson Shield 2 Private equity $1.7B
09.13 Samson Shield 1 Private equity $1.3B
09.03 Hfcp IX (parallel-a) Private equity $1.3B
10.03 Hfcp X (parallel-a) Private equity $1.2B
09.18 Paddington Partners Private equity $1.1B