Leveraged buyout pioneer THL has hit the road to market its 10th fund designed to acquire midsize businesses in North America and increase their value through operating changes. The Boston firm formerly named Thomas H. Lee Partners aims to collect $6.25 billion for THL Equity Fund X, representing a roughly 12% increase on the amount raised from investors for a $5.6 billion predecessor pool that closed in 2021, according to public documents prepared for an investment committee meeting of the Minnesota State Board of Investment.
Read the full article: Buyout Pioneer THL Seeks $6.25B for Latest Main Fund //
Source: https://www.wsj.com/articles/buyout-pioneer-thl-seeks-6-25-billion-for-latest-main-fund-a080e19a