Firm: Vestar Capital Partners
Fund: Vestar Capital Partners VI
Target: $3.5 billion
Legal Adviser: Kirkland & Ellis
Expect the firm to continue deploying its capital in growth equity, management buyout and recapitalization transactions in such industries as consumer goods, consumer services, health care, media, communications and financial services.
The firm’s prior backers have included the
According to performance data current as of September 2009 from the Oregon Public Employees’ Retirement Fund,
A couple of recent developments at Vestar Capital should help it out on the fundraising trail. In January, portfolio company DynaVox Inc., a Pittsburgh-based maker of software and devices that assist people in overcoming speech, language or learning disabilities, filed for a $125 million IPO. The company reported about $91 million in revenue for the fiscal year ended July 3, 2009, and $1.66 million of net income. Vestar Capital made a growth equity investment in the company in 2004 via its fourth fund.
Last year, Pinnacle Foods Group (owned by The