Fundraising - APRIL 11, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Lone Star raises $5.3b for latest debt fund

by Andrea Waitrovich

Lone Star Funds has raised $5.31 billion for Lone Star Fund IX, its recently launched ninth global debt fund, according to a filing with the SEC.

A final close date for the fund was not disclosed in the filing. It launched in February with a $7 billion target.

Lone Star launched the fund series in 1997 with Lone Star Opportunity Fund, which raised $396 million. The following funds, Lone Star Funds II through VIII, became mega-funds, raising approximately $30 billion in committed capital. And in fourth quarter 2013, Lone Star closed its latest opportunistic real estate fund, Lone Star Real Estate Fund III, with capital c

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy