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Article: Hellman & Friedman Raises Fund.(News)
- Article from:
- Mergers & Acquisitions Report
- Article date:
- October 5, 2009
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Byline: Avram Davis
Hellman & Friedman LLC, a San Francisco, California-based private equity firm, has closed its seventh buyout fund, with $8.8 billion in committed capital. The Hellman & Friedman Capital Partners VII fund will focus on attractive business services, information services, internet and digital media, asset management, insurance, other specialty financial services, media, healthcare, energy and industrials transactions.
Despite the severely challenging fundraising environment that many PE firms have bemoaned over the past year, the fund marks a modest increase from H&F's previous fund. In April 2007, the firm held a final close of $8.4 ...