Boston-based investment firm Berkshire Partners LLC, which has dabbled occasionally in being a tech investor, has closed on its eighth private equity fund, logically called Berkshire Fund VIII, at a value of $4.5 billion.
According to a press release, Fund VIII’s capital came mainly from institutional investors in previous Berkshire funds, including endowments, foundations, pension funds, insurance companies and sovereign wealth funds.
According to a press release, Fund VIII’s capital came mainly from institutional investors in previous Berkshire funds, including endowments, foundations, pension funds, insurance companies and sovereign wealth funds.