Greenbriar Equity Group LP today announced the final closing of Greenbriar Equity Fund V LP with total capital commitments of $1.68 billion. Fund V represents the firm’s largest fund to date, receiving support from both existing investors as well as a base of new investors across the US, Europe and Asia. Fund V was oversubscribed, completing the fundraise above its $1.0 billion target after launching in the fourth quarter last year, executed in an entirely virtual process.
Noah Roy, a Greenbriar managing partner, said, “We are grateful for the support we have received from so many well-regarded institutional investors. It is a recognition of our team’s long-term success together, our distinct culture and our consistent and focused strategy. Fund V will continue with the same strategy and approach that has driven our success to date, a focus on growing market leading companies in sectors and situations where we can accelerate growth and add tangible value as we seek to deliver strong returns for our investors.”
Evercore acted as exclusive global placement agent for the fundraise and Kirkland & Ellis LLP served as fund counsel.