Court Square Capital Partners, formerly Citigroup’s in-house private equity arm, surpassed its $3 billion target, raising $3.8 billion for its Court Square Partners Fund V.
Fund V will focus on control buyouts in the business services, health care, industrials and technology sectors, specifically seeking long-term growth potential, the company stated in a press release.
“This close signals continued confidence in our approach and our ability to partner with founders, families and management teams to drive long-term value and growth. We are incredibly excited about the opportunity set across our target sectors, and we continue to find compelling ways to deploy capital in the current market environment,” said Chris Bloise, president and managing partner.
Fund V, the firm’s largest fund to date, saw more than 40 new …
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