Hellman & Friedman, a private equity investment firm is closing its Hellman & Friedman Capital Partners VIII, which is a $10.9 billion fund which has raised $35 billion since it was founded in 1987.
Philip Hammarskjold, CEO of Hellman & Friedman, said, as reported by PR Newswire, “We are pleased to announce the successful closing of our eighth fund …. We are excited about the opportunities we see for companies at the core of our investment philosophy and look forward to further building on our track record of delivering superior returns to our investors.”
Hellman & Friedman distinguishes itself in the private equity space by having a highly focused strategy. It is one of the few large scale direct investment firms dedicated to private equity through a single product.