Insight

Greenbriar racks up $3.475bn for sixth fund

The target was $2.75 billion.

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  • Evercore was the placement agent while Kirkland & Ellis, LLP served as fund counsel
  • Based in Greenwich, Connecticut, Greenbriar invests in services and manufacturing businesses
  • The private equity firm has $10 billion of cumulative capital commitments

Greenbriar Equity Group has closed its sixth fund at $3.475 billion. The target was $2.75 billion.

On the fundraising, Noah Roy, a Greenbriar managing partner, said in a statement, “All of us at Greenbriar are deeply appreciative of the support we have received from so many of our longtime existing investors, as well as a large number of new investors. Particularly during this period of market uncertainty, it is a recognition of the long-term benefits of our consistent and focused strategy, cohesive long-tenured team, collaborative culture, and hands-on approach to value creation with our portfolio companies.”

Evercore was the global placement agent while Kirkland & Ellis, LLP served as fund counsel.

Based in Greenwich, Connecticut, Greenbriar invests in services and manufacturing businesses. The private equity firm has $10 billion of cumulative capital commitments.