Leonard Green Nets $6.25B For 6th Mid-Market PE Fund

Law360, New York (May 30, 2012, 6:51 PM EDT) -- Los Angeles-based private equity powerhouse Leonard Green & Partners LP has raised $6.25 billion for its sixth private investment fund, which will have a broad-spectrum focus on middle-market companies, according to an announcement Wednesday.

Fund-raising for Green Equity Investors VI LP overshot Leonard Green's initial $5 billion target for the fund, which closed at a hard cap of $6 billion in limited partner investments, Leonard Green said Wednesday. Affiliates of the firm kicked in another $250 million.

Like Leonard Green's other funds, Green Equity Investors VI...
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