Pritzker Private Capital, an investment firm originally started by billionaire Illinois Governor JB Pritzker and his brother, Tony, raised a record $3.4 billion for its fourth fund.
The PPC IV fund, which has already built three investments, exceeded its initial tarobtain of raising $3 billion, according to a statement on Tuesday. About 17% of the funding came from the firm’s members and related entities, with other families and institutional investors from North America, Asia, Europe and Latin America joining in.
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