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Lone Star Funds brings in $2.9B for new fund

Lone Star Funds raised about $2.90 billion for its latest fund, which has a target of $6.00 billion.

The Lone Star Fund XI LP fund has so far attracted capital from 73 investors, according to an Oct. 9 filing.

The Dallas-based private equity giant invests in real estate, equity, credit and other financial assets across the globe.