Brentwood Associates has raised $983.6 million to date for its Brentwood Associates Private Equity VI, per a SEC filing. The Los Angeles-headquartered firm has set a $750 million target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.
Its previous fund raised $688 million in 2014.
Investors that committed to Brentwood Associates Private Equity VI include the Los Angeles City Employees' Retirement System and Park Hill Group.
The fund will target buyout opportunities in consumer goods sectors in North America.