General Atlantic secures $7.8B in commitments for sixth fund

General Atlantic secures $7.8B in commitments for sixth fund

3 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/10/general-atlantic-secures-7-8b-in-commitments-for-sixth-fund/

General Atlantic announced Wednesday that its sixth growth equity fund, GA 2021, closed with $7.8 billion in commitments, up from the $5 billion the firm was originally seeking earlier this year.

Backers in the new fund included new and existing capital partners, including family offices, endowments, foundations and institutional investors.