Vistria Group LP received $1.11 billion in total capital commitments for Vistria Fund III LP at final close, reaching its hard cap and exceeding its $800 million target.
The Chicago-based private equity firm said the amount raised includes a $100 million commitment from its principals and operating partners.
The fund will pursue the firm's strategy of investing in North American middle-market businesses focused on the healthcare, education and financial services sectors.