PROVIDENCE – Providence Equity Partners Inc. yesterday confirmed it has closed its sixth fund, with $12 billion in capital commitments.
The new fund – first reported late last month – is the firm’s largest ever. It nearly triples the most recent Providence Equity Partners V, which closed in 2004 at $4.25 billion.
Providence Equity Partners, based in Providence, with offices in New York City and London, is a global private investment firm specializing in media, entertainment, communications and information companies. It has raised $21 billion through six funds since its founding in 1990.
Additional information is available at www.provequity.com.
- Advertisement -
