Astorg Partners Closes Fifth Fund with $1.5B

European middle-market buyout shop Astorg Partners has closed its latest fund, Astorg V, with 1.05 billion euro ($1.5 billion). The fund closed roughly 30% above its original 800 million euro target. Forty four limited partners invested in the fund, including 25 who are new to Astorg. The firm did not disclose the names of investors, but said that LPs incude pension funds, insurance companies and sovereign wealth funds. Astorg Partners is based in Paris.

ManagersNorth AmericaUSBriefs