Chicago-based private equity firm GTCR has held the final close of its tenth buyout fund, at over $3.25 billion.
Fund X will target investments in companies across high-growth sectors, including Financial Services & Technology, Healthcare and Information Services & Technology.
Led by principals David Donnini and Phil Canfield, GTCR has invested more than $8.5 billion in over 200 companies since 1980.
The fund, which had a target of $3.0 billion was oversuscribed and closed in seven months. More than 80% of commitments came from existing investors including public pension funds, endowments, foundations, fund of funds and individuals, including GTCR Principals as well as select executives and other friends of firm.