Lone Star Funds announces final closing of Lone Star Fund XII
Fundraising - JULY 3, 2024

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Lone Star Funds announces final closing of Lone Star Fund XII

by Andrea Zander

Lone Star Funds has held a $5.3 billion final close for its 12th opportunity fund, Lone Star Fund XII, L.P. (LSF XII).

“With the closing of our latest fund, we will continue to seek value primarily in companies that are affected by ongoing macroeconomic uncertainty and distressed corporate credits, using LSF XII’s flexible mandate to pivot across different markets and asset classes,” said Donald Quintin, CEO and global president of Lone Star.

Lone Star’s opportunity fund series focuses on opportunities that emerge during periods of market dislocation with an emphasis on businesses, sellers and assets that require capital support and management direction to succeed in challenging economic and market conditions as well as NPL portfolios in a range of asset classes that arise from economic conditions and regulatory pressures.

Since the establishment of its first fund in 1995, Lone Star has organized 24 private equity funds with aggregate capital commitments

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