BC Partners raises €3.08bn

The London-based firm has raised capital for its 11th fund.

Fund name: BC European Capital XI
Amount raised: €3.08 billion
Target size: €8.5 billion
Predecessor fund: BC European Capital X (€7 billion)

BC Partners has raised €3.08 billion for BC European Capital XI. Capital raised by the vehicle will be used to invest in companies throughout North America and Europe across diversified sectors.

BC European Capital XI received commitments from several institutional investors, including a €220 million commitment from Tennessee Consolidated Retirement System, $100.8 million commitment from New York City Police Pension Fund and €6.5 million commitment from Dallas Fort Worth International Airport.