Middle-market private equity firm One Equity Partners (OEP), has completed fundraising for its ninth and largest fund to date, One Equity Partners IX, which together with its affiliated parallel funds reached $3.25bn in capital commitments.
The Fund had a $2.75 billion target and a $3.25bn hard cap. OEP IX’s closing increases the firm’s combined assets under management to approximately $16 billion.
OEP IX attracted commitments from limited partners in more than 30 countries around the world, including insurance companies, pension funds, asset managers, sovereign wealth funds, funds-of-funds, foundations, family offices and high net-worth individuals.
Kirkland & Ellis LLP served as legal counsel for OEP.
