Berkshire Partners raises $2.6bn

The Boston firm has raised capital for its 10th buyout fund.

Fund name: Berkshire Fund X
Amount raised: $2.57 billion
Target size: $6.5 billion
Predecessor fund: Berkshire Fund IX ($5.5 billion)

Berkshire Partners has raised $2.57 billion for Berkshire Fund X. Capital raised by the vehicle will be used to invest in companies throughout North America and Europe across diversified sectors including consumer goods, retail, business services and transportation.