Green Equity Investors IV Nears $1.8B Close –

Leonard Green & Partners is just weeks away from holding a final close on its oversubscribed fourth fund, according to sources familiar with the situation. The new vehicle was launched earlier this year with a $1.5 billion target, but an excess of limited partner interest will likely push the final tally upwards of $1.8 billion.

The final drive to conclude fund-raising comes just as the Los Angeles-based firm is trying to cope with the loss of company founder Leonard Green, 68, who died late last month while on vacation in Italy (