Investment firm Vistria Group is on track to collect more than $2 billion for its fourth fund and will hold a final close for it by the second half of this year.

The Chicago firm’s new fund had a $1.5 billion target. The firm has already collected $900 million for Vistria Fund IV LP, according to documents prepared for a meeting on Wednesday of the investment advisory committee of the Connecticut Retirement Plans and Trust Funds.

 Vistria partner with middle-market businesses in Healthcare, Education and Financial Services that are passionate about growth and committed to the community. Their platform leverages our operational, financial and policy expertise, allowing our portfolio companies to reach their full potential by optimising performance along each dimension. 

Source: Wall Street Journal

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