Wednesday, 30 July 2014
Last updated 6 hours ago
Dec 4 2006 | 5:56pm ET
Chicago-based GTCR Golder Rauner recently held a final closing on GTCR Fund IX LP with $2.75 billion in commitments. The fund’s investor base consists of pension funds, endowments and foundations with additional capital stemming from portfolio company executives and GTCR’s principals, according to the firm.
Fund IX will invest in companies across high-growth industries, including business services, consumer products and services, healthcare, technology and transaction processing. The new vehicle will adhere to its predecessor funds’ strategies of partnering with executives with track records of “equity value creation,” according to the firm.
Founded in 1980, GTCR currently manages more than $8 billion in assets.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…