LP memo: Hellman & Friedman plans final close for October

An investment memo prepared by staff at the San Francisco Employees’ Retirement System indicates that Hellman & Friedman may close its latest mega-buyout fund as early as September. The retirement system’s board approved a commitment of up to $50 million to Hellman & Friedman Capital Partners VIII at its Aug. 13 meeting, Commission Secretary Norm Nickens told Buyouts.