Trilantic Rakes In $2.2B For Its Latest Fund

Law360, New York (December 9, 2013, 2:06 PM EST) -- New York-based Trilantic Capital Partners closed out its Fund V North America at $2.2 billion, exceeding its original target of $2 billion, the private equity firm said on Monday.

This will be Trilantic's first fully stand-alone fund since it spun off from Lehman Brothers' Merchant Banking in 2009, the company said. About half the investors were new and a quarter of all investors were foreign limited partnerships, Trilantic said.

“We saw strong interest from both current and new investors in this round of fundraising,” said Trilantic...
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