Private equity firm, GTCR, has closed its tenth buyout fund with more than $3.25 billion of equity capital commitments. The Fund X, which exceeded the $3 billion fundraising target in just seven months, will focus on partnering with management leaders with strong track records of equity value creation. Fund X will aim to invest in companies across high-growth sectors, including financial services and technology, healthcare and information services & technology. Investors in the fund include public pension funds, endowments, foundations and fund of funds. GTCR currently has nearly $7 billion in assets under management.
Click here for the release from GTCR.