Lone Star Funds Announces Final Closing of LSF XI

DALLAS, Feb. 14, 2019 /PRNewswire/ -- Lone Star Funds today announced that it has completed the final closing for Lone Star Fund XI, L.P. ("LSF XI"). 

LSF XI is the firm's eleventh dedicated opportunity fund.  Capital available to LSF XI totals approximately $8.2 billion, which includes third-party commitments and anticipated co-investments from associated entities.

Lone Star, a global private equity firm, invests on behalf of its limited partners, which include institutional investors such as pension funds, sovereign wealth funds, as well as foundations and endowments that support medical research, higher education, and other philanthropic causes. 

Lone Star is highly disciplined and value-driven.  Lone Star's opportunity fund series focuses  on opportunities that emerge during periods of market dislocation, often providing liquidity to markets in the aftermath of a financial crisis, with an emphasis on businesses, sellers, and assets that require capital support and management direction to succeed post-crisis.

Since the establishment of its first fund in 1995, Lone Star has organized 18 private equity funds with aggregate capital commitments of approximately $80 billion.

The predecessor to LSF XI, Lone Star Fund X (U.S.), L.P. and Lone Star Fund X (Bermuda), L.P. held their final closing in November 2016, with aggregate capital commitments of approximately $5.5 billion.

Media contact: Christina Pretto 212 849 9662  [email protected]   www.lonestarfunds.com

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SOURCE Lone Star Funds