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Kelso gathers nearly $2bn for 11th fund: WSJ

Kelso & Co has raised nearly $2 billion for its 11th buyout fund, reported the Wall Street Journal.

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fundraising

Kelso & Co has raised nearly $2 billion for its 11th buyout fund, reported the Wall Street Journal. The target is $3 billion. The news outlet noted that the New York-based mid-market private equity firm plans on closing the fund in the second half of the year.

Source: WSJ