Hellman & Friedman plans fundraising return in 2014


US private equity house Hellman & Friedman is seeking to raise as much as $8.9bn for its eight buyout fund, Bloomberg has reported.

Fundraising is expected to begin in May, the report said, with the vehicle anticipated to be of a similar size to its 2009-vintage vehicle, Hellman & Friedman Capital Partners VII.

The San Francisco-headquartered firm was founded in 1984, with Fund VII the largest in its history.

The firm targets large-scale equity investments of between $300m and $1.2bn, primarily in the US and Europe. Most recently the firm’s gas tanker hull lining manufacturer Gaz Transport & Technigaz was reported to be seeking an IPO which could see it raise up to €675m.

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