GTCR Secures $3.6 Billion for Strategic Growth Fund II to Drive Business Transformation

GTCR, a prominent player in the private equity sector, has officially announced the successful closure of its Strategic Growth Fund II (SGF II), which garnered an impressive $3.6 billion in total commitments. This fund, which has exceeded its original target of $2.75 billion, illustrates the firm's exceptional capabilities and strong support from its limited partners. The fundraising journey for SGF II began in the fall of 2024, following the attractive performance of its predecessor fund, SGF I, which closed in 2022 with around $2.2 billion in commitments.

The latest fund has secured commitments primarily from existing limited partners, which amount to approximately $3.35 billion. GTCR itself committed an additional $225 million to the fund. Notable investors include leading public and corporate pension funds, university endowments, foundations, sovereign wealth funds, insurers, and family offices. This diverse investor base highlights the confidence in GTCR's strategic approach and management expertise.

SGF II will implement GTCR's well-established Leaders Strategy™, targeting investment opportunities primarily within the middle and lower-middle market. The fund is expected to make equity investments ranging from $50 million to $250 million. This strategy is designed to generate transformational growth in the businesses it partners with, focusing on sectors such as Business and Consumer Services, Financial Technology, Healthcare Technology, and Media and Telecommunications.

Jodi Rubenstein, Managing Director and Head of Investor Relations at GTCR, expressed gratitude for the enduring support from their limited partners. She noted that this fund will bolster GTCR’s long-standing strategy of partnering with management leaders to foster business growth.

Co-CEOs of GTCR, Dean Mihas and Collin Roche, emphasized the necessity of deep expertise in specific areas as a prerequisite for realizing valuable investments. They articulated that their approach enables effective partnerships with experienced management teams, focusing on opportunities such as corporate carve-outs, mergers, and growth through acquisitions. Their commitment is towards being growth-oriented, ensuring long-term value for all stakeholders involved.

In the past four decades, GTCR has firmly rooted itself in its core investment areas, allowing it to foster relationships and develop vertical expertise that drives investment success. Since its inception in 1980, GTCR claims to have invested over $30 billion across more than 280 companies and currently manages more than $45 billion in equity capital.

With HQ in Chicago and additional offices in New York and West Palm Beach, GTCR remains a leader in private equity, constantly innovating and adapting to market needs. As it embarks on deploying SGF II, stakeholders look forward to witnessing significant developments in various industries propelled by GTCR's strategic investments and partnerships toward transformative growth.

For more insights about GTCR and its future projects, visit their official website at www.gtcr.com or follow them on LinkedIn.