Veritas Capital has held the final close of its ninth flagship fund, The Veritas Capital Fund IX, securing $14.4bn in capital commitments. The raise was significantly oversubscribed, and exceeded the original $13bn target.
Fund IX is also 33% larger than Fund VIII, which closed at $10.7bn in 2022.
The close brings Veritas’s total assets under management to more than $54bn, reinforcing its position as a leading investor in technology and government-aligned businesses. Fund IX will continue the firm’s focus on essential, resilient businesses operating in highly regulated sectors undergoing digital and operational transformation.
According to a press statement, Veritas leverages domain expertise, proprietary intellectual property, and a repeatable strategic approach to create value in complex markets. The firm has received multiple industry accolades, including a Top 10 worldwide ranking by HEC Paris–Dow Jones for three consecutive years and being named America’s top-performing buyout firm by Preqin in 2023.
