Vitruvian Partners raises €2.4bn

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Vitruvian Partners has raised €2.4 billion to date for its Vitruvian Investment Partnership III. 

The London-headquartered firm had set a €2 billion target for the fund. It raised a greater level of capital from public and corporate pension plans globally than its predecessors, while family offices also represented a larger proportion.

The fund will target buyout opportunities in a diverse number of sectors in Western Europe.