Chicago-based private equity giant GTCR has raised its latest fund in five months, with large commitments -- notably from U.S. pension funds -- leading to a $7.5 billion closing for GTCR Fund XIII.
The fund was originally expected to raise $6.75 billion, but demand for the strategy picked up over the summer.
GTCR XIII A&B LP received a $100 million commitment from Continue Reading Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.
