Charlesbank closes fund X

The Boston-based manager reached the hard-cap for its latest flagship.

  • Fund name: Charlesbank Equity Fund X
  • Amount raised: $3.75 billion
  • Target size: $3.25 billion
  • Hard-cap: $3.75 billion
  • Stage of fundraising: Final close
  • Final close date: February 2021
  • Time on the road: seven months
  • Predecessor fund: Charlesbank Equity Fund IX ($2.75 billion)

Charlesbank Capital Partners has closed its Fund X at $3.75 billion hitting its hard-cap above its $3.25 billion target. The buyout fund will follow its predecessors’ strategy investing into North America across a range of sectors.