HighVista Strategies is celebrating a major milestone with the successful close of its latest private equity vehicle.
The Boston-based, employee-owned firm announced that HighVista Private Equity Fund XI, L.P. has raised $800 million, drawing strong backing from both longstanding and new investors.
Building on Past Success
This latest fund follows the momentum of HighVista Private Equity Fund X, which closed at $675 million just last May.
Like its predecessor, Fund XI is focused on investing in a diverse range of small, privately held U.S. companies, typically with enterprise values under $150 million.
A Thoughtful Investment Strategy
Fund XI plans to pursue a carefully balanced investment approach, including:
- Primary commitments to specialist private equity sponsors with less than $500 million under management.
- Direct co-investments alongside both funded and independent sponsors.
- Selective acquisitions of lower middle market secondary interests.
This approach aims to give investors access to a mix of opportunities while managing risk across different segments of the private equity market.
Leadership and Team Expansion
HighVista’s Private Equity division is led by Scott Reed and John Dickie, who serve as Co-Heads.
To strengthen the team, the firm recently welcomed Woody Hamilton as Vice President and promoted Whit Matthews, Rob Nagle, and Ryan Tiffany to Partners, signaling a commitment to deepening expertise and leadership in the space.
A Broad Footprint in Investment Markets
Since its founding in 2004, HighVista has built a wide-ranging investment platform.
The firm operates across private markets—including private credit, lower middle market private equity, and early-stage venture capital—as well as public markets like biotechnology equities and hedged strategies.
It also manages multi-asset alternative investments, demonstrating versatility across multiple asset classes.
Managing $11 Billion in Capital
Today, HighVista oversees $11 billion in assets, reflecting its steady growth and strong investor confidence.
With Fund XI now closed, the firm is positioned to deploy capital strategically across the U.S. private equity landscape, leveraging both experience and newly expanded talent.