Private Equity

Permira plots €17bn flagship target in defiant fundraising push

The bullish move comes despite a wider downturn in the fundraising market this year

Kurt Bjorklund took over as executive chairman of Permira last year
Kurt Bjorklund took over as executive chairman of Permira last year Photo: Bloomberg via Getty Images

Permira is hoping to raise one of Europe’s largest ever private equity funds.

The London-based buyout shop has launched its latest flagship vehicle, Permira IX, with a €17bn target, according to people familiar with the matter.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink