Boston-based Thomas H. Lee Partners held the final close for its ninth flagship fund, Thomas H. Lee Equity Fund IX, at its hard cap of $5.6 billion.
Fund IX is a continuation of THL’s strategy of investing in Identified Sector Opportunities (ISOs) that benefit from robust secular growth trends. Within its ISOs the focus is within healthcare, financial services and business and technology solutions arenas.
Roughly 17% of committed capital or $935 million has already committed to four companies -- Brooks Automation, Odessa, House of Design and Bazaarvoice. Part of THL’s partnership . . .
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