GI Partners closed buyout fund GI Partners Fund VI at $3.9 billion.
The fund, which focuses on North American health care, information technology infrastructure, services and software companies, exceeded its fundraising target of $3.25 billion, a spokesman said in an email.
The previous fund, GI Partners V, closed at $2.8 billion in 2017.
Investors in the new fund include the $299.8 billion California State Teachers' Retirement System, West Sacramento; and $171.5 billion Washington State Investment Board, Olympia.
