Key Takeaways
- • GTCR is nearing a final close on Fund XV at a $15bn hard cap, according to PEI Private Equity.
- • The firm joins Advent International and TPG, among other managers, in approaching final closes on their latest flagship funds.
- • The fund targets mid-market buyout investments across business services, consumer goods, financial services, healthcare and TMT sectors.
Summary
The fundraising is positioned within the North American mid-market buyout segment. The article's sector tags point to a focus on business services, consumer goods, financial services, healthcare and technology, media and telecoms (TMT) as the target investment areas for the fund.
The $15 billion hard cap signals the maximum size the fund can reach, and the report indicates the vehicle is approaching that ceiling. Limited partner commitments and the final closing amount were not detailed in the available source material.
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