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Astorg nears final close on sixth fund

Paris-based private equity firm's oversubscribed fund is expected to hold a final close in May

Astorg is nearing the final close of its latest fundraising
Astorg is nearing the final close of its latest fundraising

Paris-based private equity firm Astorg Partners is nearing a final close on its latest buyout fund, according to people familiar with the matter.

The firm officially started marketing its sixth private equity fund in September 2015. The fund had a €1.5 billion target and a €2 billion upper limit. It held a second close on €1.7 billion a few weeks ago and is expected to close on its hard cap of €2.1 billion.

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