Court Square Capital targeting $3b for Fund V

Court Square Capital Partners, established in 2006 as a spinoff from Citigroup Venture Capital, is in the process of securing $3 billion for its fifth flagship buyout fund, as revealed in Minnesota State Board of Investment records. This fundraising effort for Court Square Capital Partners V marks an 11 percent increase over its predecessor, the 2019-vintage fund that successfully garnered $2.7 billion. The capital raise follows significant leadership changes within the firm, including the promotion of Chris Bloise to president and the appointment of Joe Silvestri as chairman of the investment committee. This development comes a year after Court Square announced a succession event, positioning the firm for strategic growth in the private equity landscape.