Saturday, 1 August 2015
Last updated 1 day ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…