Twitter LinkedIn
    Thursday, August 18
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Fundraising»CD&R hauls in $16bn for latest flagship following most active investment year
    Fundraising

    CD&R hauls in $16bn for latest flagship following most active investment year

    February 18, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    The latest vehicle is 60% larger than its predecessor, which raised $10bn including GP commitment in 2017

    US buyout stalwart Clayton, Dublier & Rice has amassed around $16 billion for its latest flagship vehicle after returning to the fundraising trail early last year.

    The firm exceeded the $13 billion target for Clayton, Dublier & Rice Fund XI in the third quarter of last year, according to a source familiar with the fundraise.

    The New York-headquartered firm had a re-up of about 80 percent for Fund XI, the source added. Fifty-five percent of investors in the fund came from outside the US and more than $1 billion of the capital raised came from Latin American investors.

    CD&R itself committed close to $1 billion, the California Public Employee’s Retirement System committed $500 million and the California State Teachers Retirement System committed $350 million. Cathay Life Insurance, China Life Insurance (Taiwan) and Alameda County Employee’s Retirement Association are also investors in Fund XI, according to PEI data.

    Read more at: Private Equity International

    By Carmela Mendonza

    Image Source

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Fund Fundraising Investments
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Saudi Arabia’s PIF, Cain invest $900m in hotelier Aman Group

    August 17, 2022

    Thompson Street Capital Partners closes sixth PE fund at over $1.5B in commitments

    August 17, 2022

    Arsenal Capital raises $5.4B for two new funds

    August 16, 2022

    Canada Pension Plan discloses billions in investments

    August 16, 2022

    Comments are closed.

    Other Articles

    ESG boutique Impax bolsters private equity team

    January 19, 2021

    TSG and Clearent Merge to Form Xplor,a Global Platform Integrating Software

    February 26, 2021

    Kempen European Private Equity Fund acquires direct interest in software company Eque2

    February 19, 2021

    Telecom Italia: company break-up brings KKR back in play

    March 15, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?