Citigroup Spinout Said to Get $2 Billion for Buyout Fund
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Court Square Capital Partners, the private-equity firm that spun out from Citigroup Inc. in 2006, has raised more than $2 billion so far for its latest buyout fund, according to a person familiar with the situation.
Court Square Capital Partners III LP is seeking $3 billion, the same amount that its prior fund raised in 2006, this person said. Trevor Gibbons, an outside spokesman at Edelman in New York, declined to comment for Court Square.