Dyal Capital closes the fourth fund at $9bn

(Opalesque) New York-based private-equity firm Dyal Capital Partners, a division of Neuberger Berman, closed its latest fund on more than $9 billion.Dyal Capital Partners IV was heavily oversubscribed at the final close with more than $3.5 billion above the fund’s original cap. Aggregate commitments across all Dyal funds and co-investment vehicles now total more than $21.6 billion, solidifying Dyal’s position as the leading provider of minority equity capital to well-established private equity and hedge fund management companies.

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