The Vistria Group, LP, a middle market private investment firm seeking to deliver superior financial returns and meaningful societal impact, announced that it completed the final closing of Vistria Fund V, LP, its most significant private equity fund with $3 billion of total capital commitments. And Vistria now manages almost $16 billion across its funds and co-investment vehicles, more than doubling its AUM in just over three years.
Consistent with Vistria’s original strategy and with predecessor funds, Fund V will be seeking to invest in U.S.-based healthcare, knowledge & learning solutions and financial services companies that benefit from the firm’s deep network, operating expertise and trusted partnerships.
Vistria’s predecessor fund Vistria Fund IV, LP closed at $2.68 billion in 2021, more than twice the size of the $1.1 billion Vistria Fund III, LP. And since closing Fund IV, Vistria has added credit and real estate strategies consistent with its original mission. And Vistria holds investments in 39 portfolio companies and employs over 100 team members throughout multiple offices across the US.
KEY QUOTES:
“The support from our existing limited partners and interest we received from new limited partners from around the world for Fund V underscore the strong confidence in our investment philosophy: focusing on industries that help our society become healthy, wealthy, and wise. Our success is a testament to our team’s differentiated ability to look deeper across each of our targeted industries from three dimensions: operational, investment and policy perspectives. Our ability to see investment opportunities in these three dimensions remains a core reason why management teams continue to partner with us.”
– Kip Kirkpatrick, Co-CEO and Senior Partner at The Vistria Group
“For the past decade, our mission to drive outsized returns while also driving meaningful societal impact has set us apart. As we look ahead, we are excited to build upon our existing strong leadership team as we remain steadfast to our consistent and disciplined approach to long-term value creation.”
– Martin Nesbitt, Co-CEO and Senior Partner
