Greenbriar Equity Group closed its latest offering at $3.475 billion, which includes $225 million in commitments from the general partner and its network of operating executives.
Investors in Greenbriar Equity Fund VI include the Fairfax County Educational Employees’ Supplemental Retirement System and the Arkansas Teachers’ Retirement System.
The strategy is the same as previous funds and targets sub-sectors with extended growth themes investing in supply chain, business services and advanced manufacturing companies that provide critical technology, services and logistical support across the global industrial and consumer economy.
“Particularly during this period of market uncertainty, it is a recognition of the long-term benefits of our consistent and focused strategy, cohesive long-tenured team, collaborative culture and hands-on approach to value creation with our portfolio companies,” said Noah Roy, a Greenbriar managing partner. “We continue to invest in our people and capabilities as we look forward to Fund VI, and we are excited for the opportunities we see ahead. Our goal remains the same, to be the partner of choice in our core sectors for market-leading companies and management teams looking to accelerate growth.”
Greenbriar Equity Fund VI is the Connecticut firm’s largest fund to date after launching in the third quarter of 2022. The firm’s fifth fund held its previous record with a total of $1.68 billion in capital commitments in early 2021.
