Permira sets year’s early standard with €7.5B fund
February 10, 2017
Permira has closed its sixth flagship buyout fund on €7.5 billion, according to an AltAssets report, surpassing its initial €6.5 billion target after about a year of gathering commitments. The close comes two-and-a-half years after Permira raised €5.3 billion for its Fund V.
The new fund is by far the largest buyout vehicle raised so far this year and one of the 15 biggest closed in Europe this millennium, according to the PitchBook Platform. While the largest of those European funds were closed in 2006, 2007 and 2008—collected in the heady days before the financial crisis—there are quite a few more-recent vintages on the list, too.