Northstar closes in on fourth deal for $820m third fund
Northstar Pacific is poised to secure a fourth deal for Northstar Equity Partners III, which recently reached a final close of $820 million. The four transactions are expected to account for around 20% of the fund’s corpus, a source familiar with the situation told AVCJ.
The private equity firm originally targeted $500 million for its third vehicle and set a hard cap of $750 million. Northstar's second fund, which closed in 2010, raised $285 million. Retail and financial...
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