Wind Point Partners, a Chicago-based private equity firm, has closed the its ninth fund, Wind Point Partners IX, with approximately $1.5 billion in total commitments, including commitments from the general partner and affiliates. The fundraise closed at the hard cap of $1.4 billion in limited partner commitments.

“We are incredibly thankful for the support we received from a high-quality group of existing and new investors in Fund IX,” said Nathan Brown, managing director at Wind Point. “The success of this fundraise is a testament to the strength and depth of our team, which we have continued to invest behind to support Wind Point’s growth. Our leadership team has worked together for nearly two decades and we have never been more excited about the firm’s culture and strong positioning.”

Kirkland & Ellis LLP served as legal counsel and Evercore Private Funds Group served as exclusive placement agent.