Reported about 22 hours ago
A private equity firm from Chicago, Vistria Group, has successfully closed a $3 billion fund, which will focus on US healthcare and financial services. This fundraising effort adds to the firm's total assets under management, now amounting to approximately $16 billion. Founded by Kip Kirkpatrick and Obama associate Marty Nesbitt, the firm's recent growth includes hiring former Massachusetts Governor Deval Patrick. The capital raise reflects strong investor confidence, amidst several significant capital raises by Chicago-based private equity firms over the past year.
Source: YAHOO