Permira, a growth-focused, global private equity firm, has held the final close of Permira Growth Opportunities’ second fund (PGO II), with total capital commitments of USD4 billion.
Following strong investor demand, the fund exceeded its target of USD2.5 billion and closed at its hard-cap, more than twice the size of its predecessor fund.
PGO II has already partnered with four market leading companies – AllTrails, Carta, mParticle and Sysdig – building on the strong momentum of the first fund and taking the total number of investments made by the strategy to 17.
Permira Growth Opportunities closed its first fund in July 2019 at USD1.7 billion.
Read more/Source: Private Equity Wire
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