Genstar raises $11.7 billion for targeted sector investments
Genstar Capital has closed its latest fund and an opportunistic fund with a total of $11.7 billion in newly committed capital, officials announced this week.
The San Francisco-based firm reached final close for Genstar Capital Partners X with approximately $10.2 billion in total commitments, but also raised another $1.5 billion in overage capacity for select limited partners for a co-investment vehicle called Opportunities Fund X.
The main fund reached its hard cap and was significantly oversubscribed following its December 2020 launch. The offering received strong support from its predecessor fund . . .
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