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Alternative Assets  + Private Equity  |  March 31, 2025
Olympus Partners Closes $3.5B Eighth Private Equity Fund 
By: Joe Palmisano

Olympus Partners Closes $3.5B Eighth Private Equity Fund 

Olympus Partners, a Stamford, CT-based private equity firm, announced the successful close of its eighth fund, Olympus Growth Fund VIII, raising $3.5 billion. This marks a step up from its predecessor, Fund VII, which secured $3 billion in 2019.  

The haul for Fund VIII was powered by robust investor demand committed to middle-market buyouts and Olympus’s recent performance. Over the past three years, the firm distributed $6 billion to investors. The firm’s investment strategy spans multiple sectors, with a focus on healthcare, industrials, financial services, and consumer products.  

Since its inception in 1988 under CEO Rob Morris, Olympus Partners has amassed over $12 billion through eight institutional funds. The firm oversees more than $12 billion, predominantly for corporate pension funds, endowments, and state-sponsored retirement programs, echoing the $660 million in mandates recently approved by PSERS. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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