Berkshire Partners (Berkshire), a Boston-based private equity firm focused on the middle market, has held the final close of Berkshire Fund XI (Fund XI) with approximately $7.8bn in capital commitments, making it the firm’s largest ever fund.
Fund XI was meaningfully oversubscribed, which the firm believes underscores investors’ support for the firm’s multi-sector middle market investment strategy.
As a multi-sector specialist focused on the middle market, Berkshire strategically targets partnership opportunities with companies operating in four key industry sectors, including business services & industrials, consumer, healthcare, and technology & communications.
Kirkland & Ellis LLP served as the legal counsel to Berkshire Partners.
