FUNDRAISING NEWS | October 30, 2024
Tags: Private Equity
Berkshire Partners announced the $7.8B close of its eleventh fund, the largest fundraise for the Boston-based private equity firm since its founding in 1986.
In a statement released October 30, Berkshire said Fund XI, which employs a multi-sector, middle-market investment strategy, was “meaningfully oversubscribed.” Like its predecessors, the fund intends to seek opportunities in the business services and industrials, consumer, healthcare, and technology, and communications sectors.
Kirkland & Ellis LLP served as legal counsel to Berkshire on the fund.
View the press release here.
Written By: Dakota
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