Permira has ceased fundraising for its sixth flagship buyout fund after gathering €7.25 billion in less than a calendar year, according to the Financial News. The pool of capital represents a notable increase from the firm’s Permira Europe V, which closed on €5.3 billion in 2014. The vehicle will also surpass the Sixth Cinven Fund as the largest buyout fund raised in Europe so far this year, according to the PitchBook Platform.
About a month ago, those two giants of the European private equity industry teamed up with Mid Europa Partners to buy Allegro, an online auction site known as the Polish eBay, from Naspers for $3.25 billion.
PitchBook Platform users can learn more about Permira's previous fund performance.