Inflexion Private Equity has gathered its largest fund to date after less than a year on the fundraising circuit and in an environment where LPs are increasingly reaching their allocation limits.
The London-headquartered mid-market firm held the final close on Inflexion Buyout Fund VI on its $3.4bn hard-cap, according to a statement seen by Private Equity International. It had an initial target of £2bn when the firm began raising capital last March, PEI data shows.
Private equity funds commanded $733bn of inflows in 2021, an all-time high, according to PEI’s full-year 2021 fundraising report. The average fund size was also the largest on record at $530m – up $63m from 2021 and an almost 50 percent increase on 2017 – as LPs continue to back vehicles raised by brand-name firms perceived as safer bets.
Read more: PEI
