Private equity manager GTCR closed its latest large buyout fund, GTCR Fund XIII, at $7.5 billion, according to a news release Tuesday.
The fund, which focuses on financial services, growth business services, health care, media and communications and technology sectors, had a target of $6.75 billion.
The previous fund, GTCR Fund XII, closed in 2017 at $5.25 billion.
Investors in GTCR Fund XIII include the $81.3 billion Ohio State Teachers' Retirement System, Columbus; Oregon Investment Council, Tigard, which runs the $77.7 billion Oregon Public Employees Retirement Fund; the $30.7 billion Texas County & District Retirement System, Austin; the Wyoming State Loan and Investment Board, Cheyenne, which oversees $22.78 billion in state permanent funds; the $15.5 billion Ohio Police & Fire Pension Fund, Columbus; and the $15.1 billion Maine Public Employees' Retirement System, Augusta.
A spokeswoman for GTCR could not be immediately reached for further information.