# HGGC

HGGC is a Private Equity based in Palo Alto, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Palo Alto, United States
- **Region:** North America
- **Address:** Palo Alto, CA, United States
- **Founded:** 2007
- **Assets under management:** $6.9B (per the firm's official communications, 2024)
- **Website:** hggc.com
- **LinkedIn:** https://www.linkedin.com/company/hggc
- **Wikidata:** Q16995315

## Regulatory record

- **CRD number:** 145684
- **SEC file number:** 801-68565
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/145684

## About

HGGC is an SEC-registered investment adviser in Palo Alto, California, established in 2007. The firm manages $10.8 billion in assets, $10.6 billion on a discretionary basis. It has 57 employees and 39 investment advisers.

## Sectors

- Enterprise Software
- Technology
- Business Services
- Healthcare Services
- Financial Services

## People

- Steve Young — Co-Founder and Chairman
- Rich Lawson — Co-Founder, Chairman, and CEO
- John Block — President
- Neil White — Managing Partner and CFO

## Questions

### Who runs HGGC, and how is leadership structured?

Rich Lawson is Co-Founder, Chairman, and CEO, exercising authority over firm strategy and investment decisions. NFL Hall of Famer Steve Young is Co-Founder and Chairman, contributing to relationship development and the firm's broad network. John Block serves as President, and Neil White is Managing Partner and CFO. Investment committees are staffed by senior partners who authorize allocations within the firm's $25 million to $150 million equity check range.

### Does HGGC invest through funds, and what are the latest vehicles?

HGGC invests through commingled blind-pool funds. Fund IV closed at $1.9 billion in 2020 (per the firm, 2020). In 2024, the firm raised a $1.1 billion single-asset continuation vehicle for portfolio company Monotype, extending its hold period (per the firm, 2024). Most recently, in January 2025, HGGC launched the $450 million Aspire Fund, specifically designed for smaller, high-growth founder-led companies that fall below the equity check size of its flagship funds (per the firm, January 2025).

### What is Steve Young's actual role at the firm?

Steve Young is Co-Founder and Chairman of HGGC. While Rich Lawson runs day-to-day management and investment strategy as CEO, Young leverages his network from professional sports and his prior career in law and private equity to source opportunities, cultivate founder relationships, and sit on the firm's investment committee. He transitioned into investing before co-founding HGGC and previously worked at a predecessor firm, Sorenson Capital.

## Related profiles

- [Hg](https://altss.com/profile/hg)
- [HGK Global](https://altss.com/profile/hgk-global)

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Last updated: 2026-06-03T20:00:00.000Z

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