VMG Partners raises $525.1m

VMG Partners has raised $525.1 million to date for its VMG Partners IV, per a SEC filing. The San Francisco-headquartered firm has set an undisclosed target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

Its previous fund raised $500 million in 2015.

The fund will target buyout opportunities in consumer goods sectors in North America.