Thursday, 27 October 2016
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Apr 3 2014 | 11:27am ET
Hellman & Friedman hopes to raise nearly $9 billion for its next fund, a figure that would make it the largest new private-equity fund of the young year.
The San Francisco-based firm said it would begin fundraising for its eighth fund in May, Bloomberg News reports. H&F wants to raise an amount similar to that raised for its seventh fund, which garnered $8.9 billion in 2009.
That fund has returned about 3% since it began investing in 2011.