Gridiron Capital, has raised $665.08 million for its Gridiron Capital Fund III, according to an SEC filing. The New Canaan-headquartered firm began fundraising in 2015 with a $500 million target.
Its previous fund raised $425 million in 2012.
Investors that committed to Gridiron Capital Fund III include the Los Angeles Fire & Police Pension System and the Montana Board of Investments.
The fund will target buyout opportunities in the consumer goods and business services sectors in North America.