Hellman & Friedman passes $20bn for new flagship fund, two years after closing $24bn Fund X

Hellman & Friedman has passed $20bn for its latest mammoth private equity fundraise, just two years after hauling in over $24bn for its predecessor vehicle. The firm is understood to be eyeing a $24bn target for Fund XI, with reports suggesting it could go higher than that to reach a hard cap. Never miss a …