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February 04, 2026

BayHawk Capital Announces Final Close of Inaugural Fund at Over $600 Million

Boston – February 4, 2026 – BayHawk Capital (“BayHawk”), a Boston-based private equity firm focused on investing in founder-owned technology and essential services businesses, announced the final close of its inaugural fund, BayHawk Capital Fund I (“the Fund” or “Fund I”) at $616 million in total commitments. Founded in 2024 by THL Partners veterans Jeff Swenson and Doug Haber, BayHawk brings a team with deep sector expertise and a hands-on approach to scaling durable, high-growth companies.

The Fund closed oversubscribed at its hard cap and above its original target of $475 million, driven by strong support from a diverse investor base of leading endowments, institutions, family offices, and longstanding members of the BayHawk network.

Fund I is being actively deployed, with two platform investments completed to date. The firm has a well-developed pipeline of founder-owned companies that benefit from secular tailwinds, where BayHawk can serve as a differentiated partner in building scale through professionalization and consolidation.

“We are thrilled to announce the close of our inaugural fund and are grateful for the confidence our limited partners have placed in our team,” said Jeff Swenson, Managing Partner at BayHawk Capital. “The strong investor support reflects alignment around our culture, values and partnership-driven approach to investing. We are excited to continue building durable businesses of significant scale alongside exceptional founders and leadership teams.”

“Our strategy combines a thematic sourcing model driven by deep sector specialization with an approach to operational value-add that has been demonstrated to unlock value in founder- owned companies,” said Doug Haber, Managing Partner at BayHawk Capital. “With Fund I, we believe we are well positioned to pursue compelling opportunities where our experience and resources can meaningfully accelerate growth and professionalization.”

Monument Group, Inc. served as the exclusive placement agent for Fund I and Kirkland & Ellis LLP served as legal counsel.


About BayHawk Capital

BayHawk Capital is a Boston-based private equity firm dedicated to partnering with founder-owned technology and essential services businesses, investing $25 to $150 million of equity per opportunity. The firm’s sector expertise, combined with a track record of operational value creation, positions BayHawk as a trusted partner for companies seeking to scale and thrive in today's competitive landscape. For more information, please visit www.bayhawkcapital.com.