True Wind Capital Announces David Hirsch, Will Heldfond and John Gray Promoted to Principal

SAN FRANCISCO--(BUSINESS WIRE)-- True Wind Capital (“True Wind”), a San Francisco-based private equity firm focused on investing in leading technology companies, today announced the promotions of David Hirsch, Will Heldfond and John Gray to Principal.

“These highly deserved promotions reflect True Wind’s commitment to cultivating the growth of our top talent and underscore the firm’s recent accomplishments,” said Adam Clammer and James H. Greene, Jr., Founding Partners of True Wind. “David, John and Will have each demonstrated steadfast leadership and dedication that have been instrumental in the firm’s ongoing success. We look forward to seeing them continue to grow and make meaningful contributions to True Wind, our investors and portfolio companies over the long term.”

• Mr. Hirsch joined True Wind in 2016 from Wind Point Partners and focuses on investments in the industrial & transportation, government, marketing, and SMB sectors. Mr. Hirsch currently serves on the boards of directors at LeadVenture, Sysnet Global Solutions and E-Emphasys Technologies. Mr. Hirsch holds a B.A. with honors in Economics from Claremont McKenna College.

• Mr. Heldfond joined True Wind in 2018 from Accel-KKR and focuses on investments in the financial technology, public safety, and healthcare technology sectors. He currently serves on the boards of directors at Open Lending (NASDAQ: LPRO) and Cellebrite (NASDAQ: CLBT). Mr. Heldfond holds a B.A. in International Relations with an emphasis in Economics from the University of Southern California where he graduated Summa Cum Laude, and a Master of Business Administration from Stanford Graduate School of Business.

• Mr. Gray joined True Wind in 2020 from Audax Private Equity and focuses on investments in enterprise software, including construction & engineering, HR, and education sectors, as well as consumer & media technology. Mr. Gray played a critical role in leading True Wind’s investment in Rover.com and currently serves on the board of directors at AIA Contract Documents. Mr. Gray holds a B.A. with honors in Economics from Dartmouth College.

These promotions reflect True Wind’s rapid growth over the past year, including the announcement of four new senior hires in November 2021 as well as the successful close of its second fund with $817 million in equity commitments, exceeding the fund's target.

About True Wind Capital

True Wind Capital is a San Francisco-based private equity firm focused on investing in leading technology companies. True Wind has a broad investing mandate, with deep industry expertise across software, data analytics, tech-enabled services, internet, financial technology, and hardware. Founded in 2015, True Wind has completed 10 platform investments and 20 add-on acquisitions. For more information, please visit https://www.truewindcapital.com.

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Jonathan Gasthalter/Nathaniel Garnick

Gasthalter & Co.

(212) 257-4170

Source: True Wind Capital