PE Firm Oakley Capital Raises Speedy €4.5 Billion Flagship Fund

Oakley Capital has raised €4.5 billion ($4.9 billion) for its flagship fund within six months, defying a tough fundraising environment.

The private equity firm secured a final close of Oakley Capital Fund VI at its hard cap, which is around 58% larger than its predecessor vehicle, according to a statement reviewed by Bloomberg News.

The fund, which was oversubscribed within three months of its launch, saw all of its existing investors put money in. It also received €2.2 billion of fresh institutional capital, including commitments from Europe, North America, Asia, as well as from new regions such as Australia and ...