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Leonard Green & Partners raises $14.75B across 2 funds

Leonard Green & Partners LP closed its latest flagship fund Green Equity Investors VIII LP and its first middle-market fund Jade Equity Investors LP at their hard caps.

The former investment vehicle collected $12 billion, while the latter obtained $2.75 billion in capital commitments.

The firm's partners committed a total of $750 million across the two funds.

Gibson Dunn & Crutcher LLP was the fund counsel.