Steve Young’s Private Equity Firm Gets $3.2 Billion Boost in Fundraising Market

3 days ago

Steve Young’s Private Equity Firm Gets $3.2 Billion Boost in Fundraising Market

HGGC, the private equity firm co-founded by Hall of Fame QB Young, cleared its fifth fund above target, raising $3.2 Billion for its latest fund.⁠ Young is also the chairman of HGGC (formerly Huntsman Gay Global Capital), based in Palo Alto, California. As of February 2026, HGGC manages over $10 billion in assets under management (AUM).

By Nidheesh Kumar

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