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.
FinSMEs
22/02/2011