Friday, 24 October 2014
Last updated 5 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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