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Permira Closes Second Growth Opportunities Fund at $4 Billion

Permira has exceeded its target to close its second Growth Opportunities fund at $4 billion, more than doubling the size of an earlier fund in the series.

The private equity firm said Wednesday that the fund builds on Permira’s technology and digital investing strategy. Permira Growth Opportunities II has already partnered with four companies: AllTrails, Carta, mParticle and Sysdig, according to a statement.