Permira Plans to Raise $9.3B Fund

Private equity firm Permira will start raising a new 6.5 billion euros ($9.3 billion) fund in September, Reuters reported Monday. The target is 40% smaller than the $11.1 billion fund the firm raised in 2006. The firm said it will focus on investments in the 500 million euro to 3 billion euro range, Reuters said.

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