Fund Name: Bregal Sagemount IV
Amount raised: $2.5 billion
Stage of fundraising: Final close
Final close: October 2022
Predecessor fund: Bregal Sagemount III ($1.5 billion)
The fund has surpassed its predecessor, Bregal Sagemount III, which closed in March 2020 on $1.5 billion. Fund IV follows the same strategy as its previous fund in the series and invests in North America, with a focus on buyout vehicles.
Bregal has raised $5.4 billion in aggregate equity commitments for a succession of four funds (including Bregal Sagemount IV). Investors in Fund IV include Indiana Public Retirement System and Texas Municipal Retirement System among others.