American private equity firm Hellman & Friedman (H&F) has closed its largest buyout fund to date, Hellman & Friedman Capital Partners X (HFCP X), at its $24.4 billion hard cap.

The PE firm's tenth fund was "significantly oversubscribed and reached its hard cap", it said. The fund also includes a $1.8 billion commitment from H&F.

Investors in the fund include