PRINT THIS PAGE US GTCR Golder Rauner closes eighth fund on $1.85bn10/11/2003. Source: AltAssets. 
 US private equity firm GTCR Golder Rauner has held a final close on its eighth fund on $1.85bn, making it the fourth largest fund closed in the US so far this year. Only five funds have raised more than $1bn so far this year, reflecting the sharp deterioration in market conditions since last year.
GTCR said in a statement that the fund will concentrate on a variety of core industries, including healthcare, business services outsourcing, transaction processing, IT services/software, and consumer products.
The firm has a strategy of identifying and partnering with outstanding executives to build companies through a combination of organic growth and acquisitions. It has invested in more than 150 companies to date throughout it twenty year history and has approximately $6bn under management.
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