Future Of British Business
Permira Completes €16.7 Billion Fundraising on Flagship Fund
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Permira has completed a €16.7 billion ($17.7 billion) fundraising for its latest flagship fund, giving the UK private equity firm fresh ammunition for deals.
London-based Permira hit the final close for its eighth buyout fund, according to a statement Wednesday, which confirmed an earlier Bloomberg News report. The pool is more than 50% bigger than its predecessor fund, and Permira beat its initial €15 billion target.