PRINT THIS PAGE US Hellman & Friedman closes $3.5bn private equity fund and opens London office14/07/2004. Source: AltAssets. 
 US Hellman & Friedman has announced the final closing of its fifth private equity fund with $3.5bn of commitments. The fund will make invests of between $100m and $750m primarily in the US but also in Europe and Australia.
'The closing of our fifth fund, on our 20th anniversary, is a key milestone for Hellman & Friedman,' said F. Warren Hellman, chairman of the firm. 'The commitment of $3.5bn in capital from our partners reaffirms our track record and history of disciplined investing in strong franchises with solid management and defensible market positions.'
Hellman & Friedman has also announced that it has opened an office in London in a bid to strengthen its European operations. The UK office will be headed by Patrick Healy, a managing director of the firm.
Prior to HFCP V, Hellman & Friedman successfully raised and managed a total of four funds, comprising approximately $5bn of committed capital invested in over 45 companies since 1987. The firm focuses on service industries including media, financial services, professional services and information services.
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