Greenbriar Equity Group, a private equity firm that invests in services and manufacturing businesses and is headquartered in Rye, N.Y., has closed its Greenbriar Equity Fund VI LP with total capital commitments of $3.475 billion, inclusive of $225 million in commitments from the general partner and its network of operating executives.

Fund VI represents the firm’s largest fund to date and was significantly oversubscribed at its hard cap, completing the fundraise above its $2.75 billion target after launching in the third quarter of last year. The fund will continue Greenbriar’s strategy of investing in targeted sub-sectors with growth themes where its focus and network aim to create an advantage.

Evercore acted as Greenbriar’s global placement agent and Kirkland & Ellis LLP served as fund counsel.