Lone Star Funds Announces Final Closing of Lone Star Fund XII
2024年7月3日 - 4:45AM
ビジネスワイヤ(英語)
Lone Star Funds (“Lone Star”) today announced that it has
completed the final closing for its twelfth opportunity fund, Lone
Star Fund XII, L.P. (“LSF XII”). Total capital available to LSF XII
is approximately $5.3 billion.
"Lone Star is a highly disciplined and value-driven investor
with a proven track record of investing through multiple cycles
over several decades. This experience has allowed us to build
longstanding relationships with our investors, to whom we are
grateful for their ongoing support,” said Donald Quintin, Chief
Executive Officer and Global President of Lone Star. “With the
closing of our latest fund, we will continue to seek value
primarily in companies that are affected by ongoing macroeconomic
uncertainty and distressed corporate credits, using LSF XII’s
flexible mandate to pivot across different markets and asset
classes.”
Lone Star's opportunity fund series focuses on opportunities
that emerge during periods of market dislocation with an emphasis
on businesses, sellers, and assets that require capital support and
management direction to succeed in challenging economic and market
conditions as well as NPL portfolios in a range of asset classes
that arise from economic conditions and regulatory pressures.
Since the establishment of its first fund in 1995, Lone Star has
organized 24 private equity funds with aggregate capital
commitments totaling approximately $92 billion.
The predecessor to LSF XII, Lone Star Fund XI, L.P. held its
final closing in February 2019, with aggregate capital commitments
of approximately $8.1 billion.
About Lone Star
Lone Star is a leading private equity firm advising funds that
invest globally in corporate equity, credit, real estate and other
financial assets. Since the establishment of its first fund in
1995, Lone Star has organized 24 private equity funds with
aggregate capital commitments totaling approximately $92 billion.
The firm organizes its funds in three series: the Opportunity Fund
series; the Commercial Real Estate Fund series; and the U.S.
Residential Mortgage Fund series. Lone Star invests on behalf of
its limited partners, which include institutional investors such as
pension funds and sovereign wealth funds, as well as foundations
and endowments that support medical research, higher education, and
other philanthropic causes. For more information regarding Lone
Star Funds, go to www.lonestarfunds.com.
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