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Laxman Pai, Opalesque Asia: Greenbriar Equity Group (GEG) has soared past its target for its sixth flagship private equity fund to hit almost $3.5bn in a final close. The fund surpassed its $2.75 billion fundraising target.
The specialist investor focused on growing market-leading companies said in a press release that Fund VI will continue Greenbriar's same 20-plus year strategy of investing in targeted sub-sectors with extended growth themes where its specialization and network can create meaningful advantage.
"Greenbriar's portfolio of supply chain, business services, and advanced manufacturing companies provide critical technology, services, and logistical support across the global industrial and consumer economy. Greenbriar's focused strategy, deep domain expertise, and extensive network of industry relationships have enabled its successful long-term track record," the release said.
Noah Roy, a Greenbriar Managing Partner, said, "All of us at Greenbriar are deeply appreciative of the support we have received from so many of our longtime existing investors, as well as a large number of new investors. Particularly during this period of market uncertainty, it is a recognition of the long-term benefits of our consistent and focused strategy, cohesive long-tenured team, collaborative culture, and hands-on approach to value creation with our portfolio companies."
"We continue to invest in our people and capabilities as we look forward to Fund VI, an...................... To view our full article Click here
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