CD&R Moving Along with Fundraising, Secures Over $2B
August 27, 2013
PE firm Clayton, Dubilier & Rice has raised about $2.66 billion so far for its Clayton, Dubilier & Rice Fund IX, according to an SEC filing. The fund reportedly has a target of $5 billion. If the fund closes at that target size, it would match the amount raised by its predecessor, Fund VIII, which closed in 2009 and had an IRR of 17.61% as of December 31, 2012.