Permira Is Said to Plan Raising 10 Billion Euros for Next Fund

  • Seventh pool to be largest raised since financial crisis
  • Permira has invested over 50 percent from most recent fund
Photographer: Chris Ratcliffe/Bloomberg
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European private equity firm Permira Holdings is in early-stage talks with investors to raise as much as 10 billion euros ($12 billion) for its seventh buyout fund, people familiar with the matter said.

The firm is likely to start fundraising next year for its largest pool of capital since the global financial crisis, said the people, who asked not to be identified as the discussions are confidential. Permira, which held its annual investor conference in London last week, has invested and committed over 50 percent of the 7.5 billion euros it gathered in 2016 for its sixth fund, the people said.