Greenbriar Equity Group, LP today announced the final closing of Greenbriar Equity Fund V (Fund V) with total capital commitments of USD1.68 billion.

Fund V represents the firm’s largest fund to date, receiving strong support from both existing investors as well as a broad base of globally diverse and highly regarded new investors across the US, Europe and Asia. Fund V was significantly oversubscribed, successfully completing the fundraise above its USD1.0 billion target after launching in the fourth quarter last year, executed in an entirely virtual process.

Greenbriar’s focused strategy, deep domain expertise and extensive network of industry relationships have enabled its successful long-term track record, managing total committed capital of over USD6 billion and successfully completing over 125 platform and follow-on acquisitions since 2001.

Read more at Private Equity Wire