One Equity Partners (OEP) has completed fundraising for its ninth flagship vehicle, One Equity Partners IX, L.P., closing at its $3.25 billion hard cap—above its $2.75 billion target and marking the firm’s largest fund to date. The close brings OEP’s total assets under management to approximately $16 billion. 

The fund drew commitments from a diverse investor base spanning more than 30 countries, including insurance companies, pension funds, asset managers, sovereign wealth funds, funds-of-funds, foundations, family offices, and high-net-worth individuals. 

“For nearly 25 years, we have remained consistent with our value-oriented investment strategy that enables middle market companies to achieve accelerated growth through transformational combinations,” said Greg Belinfanti, president of One Equity Partners. 

OEP invests across the industrial, healthcare, and technology sectors in North America and Europe. Since 2001, the firm has executed more than 400 transactions worldwide. Founded within JPMorgan in 2001, OEP became an independent firm in 2015 and today operates from offices in New York, Chicago, Frankfurt, and Amsterdam. Kirkland & Ellis LLP advised the firm on the fundraise. 

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