Littlejohn & Co raises $2.84bn

The Connecticut-based private equity firm held a final close on its sixth fund.

Littlejohn & Co has raised $2.84 billion for its sixth fund, Littlejohn Fund VI. The fund surpasses its target size of $2.5 billion and exceeds the amount raised by its predecessor, Littlejohn Fund V, which closed in July 2014 at $2 billion.

The fund will invest in middle market companies throughout North America that include service providers, manufacturers and distributors.