Fundraisers

BDT Capital Partners raises $6.3bn

The secretive merchant bank has closed its third flagship fund.

-

BDT Capital Partners has held a final close for BDT Capital Partners Fund III at $6.3 billion, according to an SEC filing. The fund was backed by 251 investors.

Capital commitments to the firm’s third flagship fund surpassed the $6.2 billion raised for BDT Capital Partners Fund II in February 2016.