GTCR Seeks to Raise $6.75 Billion for Its Biggest Buyout Fund

GTCR is seeking to raise $6.75 billion for a buyout fund that would be its biggest yet, according to a person with knowledge of the matter.

The firm has begun preliminary discussions with prospective investors, said the person, who requested anonymity because the talks are private.

A spokeswoman for GTCR declined to comment.

The Chicago-based firm raised $5.25 billion for its 12th buyout fund, which closed in October 2017 and marked GTCR’s largest fundraising to date.

“We have the organizational capacity to pursue more and potentially larger-scale investment opportunities,” Craig Bondy, a managing director, said at the time.

The ...