PAI Partners raises $7.6b for PAI Europe VIII

PAI Partners, the French buyout group, has successfully secured 7.1 billion euros ($7.59 billion) for its latest fund, exceeding its initial target. Despite challenges faced by other private equity groups in attracting new investments, PAI Partners managed to surpass expectations. The newly raised capital, earmarked for investments in companies across Europe and North America, marks a substantial increase of approximately 40 percent compared to its predecessor, PAI Europe VII, which closed at 5.1 billion euros in 2018. This achievement reflects PAI Partners' resilience and continued attractiveness to investors in the competitive private equity landscape.