JLL Partners Raises $1.4 Billion for its Fund IX
JLL Partners (“JLL” or the “Firm”), a New York-based middle market private equity firm focused on investing in the healthcare, industrials and business services sectors, announced today the final close of JLL Partners Fund IX, L.P. (“Fund IX” or the “Fund”) with approximately $1.4 billion in equity commitments. The Fund’s capital raised meaningfully exceeded its target, as well as the size of its predecessor fund, which was approximately $866 million.
The Fund received strong support from an investor base comprised of both longstanding and new limited partners spanning the institutional spectrum. Fund IX builds on the Firm’s long-tenured strategy of identifying durable themes within its core industries, partnering with exceptional management teams, and acquiring middle-market companies with the potential to become market leaders in partnership with JLL.