Thomas H. Lee Partners closed a $10.1 billion buyout fund, its sixth fund and first since Mr. Lee departed to start another private equity firm in March 2006. Investors in the fund include the $16.7 billion Los Angeles Fire & Police Pension System and the $16.9 billion San Francisco City & County Employees Retirement System.
Separately, EnCap Investments closed the $2.5 billion EnCap Energy Capital Fund VII. The $13 billion New Mexico Public Employees Retirement Association, Santa Fe, is an investor in the fund.
MacFarlane Partners closed its $1 billion MacFarlane Urban Real Estate Fund II. The $11.6 billion Los Angeles City Employees Retirement System is among the investors in the fund.