– Veritas Capital announced the final close of The Veritas Capital Fund IX at $14.4 billion in aggregate capital commitments.
– Fund IX was significantly oversubscribed, surpassing both the $13 billion target and the hard cap.
– The fundraise marks a 35% increase over Fund VIII, which closed at $10.7 billion in 2022.
– With Fund IX, Veritas now manages over $54 billion in assets across its strategies.
– CEO and Managing Partner Ramzi Musallam highlighted the achievement amid a challenging fundraising environment and emphasized strong demand as an endorsement of Veritas’s strategy.
– Fund IX strengthens Veritas’s focus on technology’s role in national security, healthcare delivery, and the broader economy.
– Investment strategy targets essential, resilient businesses in highly regulated markets undergoing transformation, driven by software, data, and AI.
– Veritas leverages domain depth, proprietary intellectual property, and a repeatable playbook to drive value in complex global markets.
– Veritas has earned consistent recognition, including:
Top 10 worldwide ranking by HEC Paris–Dow Jones for three consecutive years
Named America’s top-performing buyout firm by Preqin in 2023.
