Lightyear Capital Closes Fund VI At Hard Cap with $2.5 Billion in Commitments

Lightyear Capital (“Lightyear”), a middle market private equity firm, today announced the final close of Lightyear Fund VI, L.P. at its hard cap of approximately $2.5 billion in capital commitments. Fund VI was significantly oversubscribed, surpassing its initial target of $1.75 billion and is 60% larger than the $1.6 billion raised in Lightyear Fund V, L.P.

Fund VI represents the largest and most diversified investor base in Lightyear’s history, including commitments from over 65 global institutions, including pension funds, insurance companies, sovereign wealth funds, endowments and foundations, and family offices. Fund VI builds on the firm’s over 25-year history of partnering with growing companies at the nexus of financial services and technology, healthcare, and business services.