5th Century Partners Closes Fund II Above Target at $276 Million, Nearly Doubling Predecessor

EditorialFundraise2 days ago29 Views

5th Century Partners (5CP), a purpose-driven private investment firm focused on healthcare and business services, has announced the final close of its second fund above target at $276 million in total commitments — nearly double the size of its predecessor fund. The close was announced on May 6, 2026. With this closing, 5CP now manages over $550 million across its funds and co-investment vehicles since launching in 2020.

Strong and Diversified LP Support

Fund II received strong support from a diverse group of both new and existing investors, including endowments and foundations, corporate and public pension plans, insurance companies, and family offices. The broad investor base reflects sustained institutional confidence in 5CP’s lower middle market strategy and its focus on founder-owned businesses in healthcare and business services.

Marques Torbert, co-founder and managing partner, expressed gratitude for the strong support from existing limited partners and the opportunity to welcome several new investors. He emphasised that Fund II positions the firm to continue partnering with exceptional founder-owned companies in healthcare and business services, applying the same disciplined approach that has defined the firm’s strategy. Bruce Hampton, co-founder and managing partner, described the close as a testament to the team built and the rigour brought to every investment — enabling the firm to do more of what it does best: identify exceptional companies and deploy capital with discipline.

A Differentiated Lower Middle Market Strategy

Fund II will continue 5CP’s strategy of partnering with founder-owned and operated lower middle market businesses, often as the first institutional capital, to accelerate growth and value realisation. Drawing on deep sector knowledge and a thematic sourcing approach, 5CP works closely with management teams to scale operating infrastructure, strengthen finance functions, develop talent and leadership, and drive growth initiatives that position businesses for long-term success.

This collaborative model is enhanced by the firm’s network of operating executives and industry advisors, as well as its in-house Portfolio Optimization Practice — a dedicated team that provides portfolio companies with bespoke resources and fit-for-purpose strategic plans. This hands-on approach differentiates 5CP from traditional passive capital providers and reflects the firm’s positioning as a true value-creation partner rather than simply a financial sponsor.

Early Deployment Progress

To date, 5CP has completed four platform investments in Fund II, including Capstone Hospice, My Favorite Therapists, and Southern Paving & Milling, representing approximately 42% of committed capital. This early deployment pace signals strong deal flow and disciplined capital deployment aligned with the firm’s thematic sourcing model.

Advisors

Monument Group served as the exclusive placement agent for Fund II. Chris Webber, Partner at Monument Group, described the strong investor demand as a testament to the firm’s proven ability to create value in founder-owned businesses, and highlighted the team’s exceptional track record of partnership and performance.


About 5th Century Partners

5th Century Partners is a purpose-driven private investment firm that invests in lower middle-market companies within healthcare and business services that have outsized growth potential. The firm provides capital, operating expertise, and strategic relationships that lead to sustainable growth — enabling partner companies to realise their full potential and deliver positive outcomes to their stakeholders. Founded in 2020 and headquartered in Chicago, 5CP now manages over $550 million across its funds and co-investment vehicles.

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