MBK Partners’ 6th buyout fund raises $5 bn at 2nd close

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MBK Partners’ 6th buyout fund raises $5 bn at 2nd close - Korea Economic Daily

Quick Summary:

MBK Partners, North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course for reaching its target of $7 billion at final close.

Among the Asia-focused buyout funds that have completed their second closing this year, however, MBK’s new fund attracted the biggest amount, said MBK.

More than 85% of its major global limited partners, led by those from North America and Middle East, made commitments to the new fund, in addition to some global family offices, according to MBK.