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HGGC Strengthens Leadership Team with Addition of Two C-Suite Executives

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PALO ALTO, Calif., June 13, 2024-- HGGC, a leading middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced it has named Rachel Stock as General Counsel and Chief Compliance Officer, and Cecilia Kwan as the firm’s Chief Financial Officer.

“Both Rachel and Cecilia are outstanding individuals with impressive experience in their respective roles and we are honored to welcome them to the firm,” commented HGGC. “Their work is critical to our continued success and our ability to attract professionals of their caliber is a testament to the strong firm we have built and the bright future ahead of us.”

Stock will be responsible for guiding the firm on all legal affairs and compliance initiatives and will Chair the firm’s Legal and Compliance Committee. Stock brings a successful track record of providing strategic legal advice within private equity, coming to HGGC after over a decade at Hellman & Friedman LLC, where she was Managing Director, Legal and in-house corporate counsel. In that role she was responsible for legal matters in North America related to prospective investments and portfolio companies. She held previous roles in the Mergers & Acquisition group of Wilson Sonsini Goodrich & Rosati in San Francisco and at Wachtell, Lipton, Rosen & Katz in New York.

“HGGC has earned a strong reputation for a values-driven culture that extends throughout the firm’s operations,” said Stock. “I’m thrilled to begin the next chapter of my professional career with such a well-respected organization.”

With nearly 20 years of experience serving in financial leadership roles, Kwan will oversee all aspects of the strategic and day-to-day financial operations at HGGC. She will also serve as the Chair of the firm’s Finance Committee and as a member of the Valuation Committee. Before joining HGGC, Cecilia was the CFO at B Capital Partners, overseeing finance and operations of global venture funds. Prior to that, she served as a Senior Vice President, Finance at Vista Equity Partners, and Chief Financial Officer at Blum Capital Partners.

“I am incredibly grateful to be joining a dynamic and successful firm, and I look forward to leveraging my expertise to help drive its growth,” said Kwan. “I am excited to begin work as part of the firm’s tremendous leadership team.”

About HGGC

HGGC is a values-driven, partnership-focused private investment firm. The firm’s ecosystem of investors, operators, and professionals are united by the shared mission to develop leading enterprises and build long term value together. HGGC invests in technology, business services, financial services and consumer enterprises generally valued between $200M – $1.5B+. The firm is based in Palo Alto, CA and manages over $6.9 billion in cumulative capital commitments. Since its inception in 2007, HGGC has completed more than 700 platform investments, add-on acquisitions, recapitalizations, and liquidity events with an aggregate transaction value of over $79 billion. More information, including a complete list of current and former investments, is available at

Trevor Blaisdell

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