HCAP Partners promoted Jessica Kim and Ben Consoli to vice president and hired Chenjing Wang as senior associate, all within its investment team. Kim, Consoli and Wang are responsible for structuring, closing and monitoring debt and equity investments.
HCAP Partners closed its second SBIC fund, HCAP Partners V. The fund was oversubscribed with total commitments of $353 million including anticipated leverage from the SBA, exceeding the initial fundraising target by more than 40%.
HCAP Partners, a California-based private equity firm and impact investor, invested in 5th Kind, a developer of collaborative media solutions and digital tool sets for Hollywood studios.
HCAP Partners made a follow-on investment in AMFM Healthcare, a provider of intensive mental health treatment. The funding will help support employee development and engagement programs as the company expands operations.
HCAP Partners, a California-based private equity firm and impact investor, promoted Bhairvee Shavdia to principal. Shavdia joined HCAP Partners in 2015 and previously worked at San Diego State University’s Zahn Innovation Center and H.I.G. Capital.