Permira closes fund V after nearly three years of fundraising

Final closing marks an end of a difficult fundraising which saw the firm cut its target, before seeing its fortunes improve

Permira has held a final close for its fifth buyout fund at its revised hard cap of €5.3 billion, marking an end to nearly three years of fundraising for the global private equity firm.

The London-based firm said Thursday that it has closed Permira V with commitments of €5.3 billion, above its revised target of €4 billion - €5 billion.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire