Trilantic North America has closed its Trilantic Capital Partners VI (North America) L.P. and its parallel funds with $2.75 billion in equity commitments, exceeding its initial target of $2.25 billion, and surpassing the size of its $2.2 billion predecessor fund.
The fund invests in the business services, consumer and energy sectors.
Trilantic North America is currently investing from Fund VI North America, with current investments including Sunbelt Transformer, Planet Fitness franchisor Taymax and DJR Energy.
The close follows Trilantic North America’s successful sale of Home Franchise Concepts earlier this month and follows the close of Trilantic Energy Partners II North America last December.
More than three-quarters of the capital commitments of Fund VI North America come from existing investors. The fund’s diverse LP base includes public and private pension plans, insurance companies, corporations, endowments and foundations, family offices and high net worth individuals.