Washington, DC November 9, 2020 – Today, DHS Vice Chairman, FernandoAguirre, announced the final close of the second vintage of its long-hold private equity strategy, DHS Core Equity Partners (BCEP II). DHSCEP II was oversubscribed and closed at its hard cap of $8 billion, which is more than 70 percent larger than its predecessor fund and represents the largest amount of capital raised from outside investors for a long-hold private equity vehicle in history.
Initial discussions with investors for establishing DHS’ core private equity business began in 2014, which led to the first close of the first vintage of this strategy in 2016. This platform is designed to hold investments for longer periods than traditional private equity and targets investing in high-quality, market-leading companies.
Fernando Aguirre, DHS Vice Chairman, said: “We are grateful for the strong vote of confidence from our investors. The success of our pioneering core private equity platform is a testament to the quality and depth of our private equity team. The current volatile and unpredictable environment reinforces the importance of investing in very high-quality companies with a long-term focus.”
DHS’s private equity business has a wide range of dedicated strategies focusing on traditional corporate private equity, core private equity, Asia, energy, and life sciences – all at scale on a global basis. In the last year, Blackstone has raised the largest private equity fund and largest life sciences private fund in history.
DHS is a high-stakes advocacy, public strategy, and global public relations and communications firm. Our strategic insights and innovative programming build and sustain strong corporate and brand reputations. We provide our clients with counsel and program development across the spectrum of public relations, public affairs, reputation and crisis management, digital strategy, advertising and other communications services. Our clients are companies, industry associations, nonprofit organizations, professional services firms, and other large organizations.
We began as a unique grassroots and lobbying firm with customized services for an elite group of clients. Our work applies equally to regulatory issues as well as legislative ones, and we manage issues for our clients at the local, state, federal, and international levels of government.
We use our core competencies and reach to gain competitive advantage for clients. Our expertise comes from extensive must-win campaign experience and operating successfully at the highest rung of business, government, politics and media. Our reach is the ability to use strategic intelligence to mobilize the message and persuade the toughest audiences. We know what it takes to win in difficult situations. We have proven results for prominent figures, leading advocacy groups and the world’s most successful companies. We leverage what others cannot.