The Vistria Group has closed its largest private equity fund to date, Vistria Fund V, with $3bn in total capital commitments.

The firm now manages nearly $16bn across its funds and co-investment vehicles, more than doubling its assets under management in just over three years.

In line with its established strategy and previous funds, Vistria Fund V will focus on investing in US-based healthcare, knowledge and learning solutions, and financial services companies. The fund aims to leverage the firm’s extensive network, operational expertise, and trusted partnerships to drive value.

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Vistria Fund IV closed at $2.68bn in 2021, more than doubling the size of the $1.1bn Vistria Fund III. Since Fund IV’s closing, the firm has expanded its offerings to include credit and real estate strategies, aligning with its core mission.

Vistria, one of the fastest-growing middle-market private equity firms, manages investments in 39 portfolio companies and operates with a team of over 100 professionals across multiple offices in the United States.

Source: PR Newswire

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