Keensight Capital Raises $3 Billion for Growth Buyouts

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European private equity firm Keensight Capital said it has raised €2.8 billion ($3 billion) to invest in technology and health-care companies.

The firm, which focuses on buyouts of profitable high-growth companies, said in a statement Friday the fundraising was significantly oversubcribed. It attracted support from existing limited partners as well as new investors from Europe, North America, the Middle East and Asia.