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Veritas Capital Fund VII raises $6.5B

Private investment firm Veritas Capital Fund Management LLC attracted $6.5 billion of capital commitments in total at the final close of its seventh fund.

Demand for Veritas Capital Fund VII LP surpassed its hard cap and its initial fundraising target of $5 billion. The fund will focus on technology-focused companies that offer critical products and services to government-related and leading commercial customers.