Hellman & Friedman

Hellman & Friedman

Hellman & Friedman LLC (H&F) is a leading private equity firm founded in 1984 by Warren Hellman and Tully Friedman. Headquartered in San Francisco with offices in New York and London, the firm focuses exclusively on large-scale private equity investments in high-quality, market-leading companies with significant growth potential across core sectors including technology, healthcare, financial services, consumer services and retail, and information, content and business services (per firm website). H&F maintains a concentrated portfolio approach, partnering closely with management teams as a value-added investor and operating as a partner-owned firm with no outside owners to ensure strong alignment of interests. As of December 31, 2025, the firm reported approximately over $115 billion in assets under management, which includes assets attributable to advisory clients and co-investment vehicles reflecting unrealized investment values and remaining commitments (per firm website About and Approach pages). It is currently investing its eleventh fund with approximately $22 billion of committed capital and has invested in over 100 companies over its more than 40-year history. The firm emphasizes long-term ownership, deep sector expertise, transparency, and alignment, without charging transaction or monitoring fees to portfolio companies. Leadership includes CEO Patrick Healy and Executive Chairman Philip Hammarskjold, supported by an experienced partnership (per firm team page).