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Today: October 3, 2024
May 15, 2024
1 min read

TrueBridge Secures $16 Billion Investment Across Five Funds

TLDR:

  • TrueBridge has raised $1.6 billion across five funds.
  • LPs in TrueBridge’s eighth fund of funds include the City of Tampa General Employees’ Retirement Fund, Oklahoma Law Enforcement Retirement System, and University of New Hampshire Foundation.

In a recent article by TrueBridge, it was announced that the firm has successfully raised $1.6 billion across five different funds. This fundraising effort included LPs such as the City of Tampa General Employees’ Retirement Fund, the Oklahoma Law Enforcement Retirement System, and the University of New Hampshire Foundation. This achievement highlights the continued success and growth of TrueBridge as a fund of funds.

TrueBridge’s eighth fund of funds has seen significant interest from a diverse group of LPs, showcasing the firm’s ability to attract a wide range of investors. The inclusion of institutions such as the City of Tampa General Employees’ Retirement Fund and the University of New Hampshire Foundation further solidifies TrueBridge’s position in the market.

This fundraising success comes on the heels of other recent achievements for TrueBridge, including their involvement in a $5.75 billion fundraise and the hiring of former J&J CEO. Overall, TrueBridge’s ability to raise significant capital across multiple funds demonstrates their continued growth and success in the private funds industry.

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