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Private equity

CD&R raises $20bn towards $26bn flagship buyout fund target

Thursday, October 29, 2026 · first reported by Private Equity Wire and 1 other

Clayton, Dubilier & Rice (CD&R) has raised about $20bn for Clayton, Dubilier & Rice Fund XIII within six months of launch, Bloomberg reported. The fund's target is $26bn. Documents from the Pennsylvania Public School Employees' Retirement System show a hard cap of $28.5bn, and that investor has committed up to $200m.

The previous fund drew roughly $10bn over a similar period in 2023. Several existing limited partners are understood to have raised their commitments. CD&R is aiming to wrap up fundraising with a last close during the first quarter of 2027.

Fund
Clayton, Dubilier & Rice Fund XIII
Size
$26B
Stage
Target
Asset class
Private equity
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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