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Greenbriar raises Fund II on $1bn28/06/2007. Source: AltAssets. 
 US-based Greenbriar Equity Group, a private equity firm focused on making investments in transportation and transportation-related companies, has completed the final closing of their Greenbriar Equity Fund II, L.P.
The fund, which had an initial target of $750m, closed with committed capital of $1bn from third party investors. A diverse group of endowments, foundations and pension funds are participating in the fund with 73 per cent of the committed capital coming from investors in Greenbriar's first fund, Greenbriar Equity Fund, L.P., which included $700m of Limited partner capital and co-investment commitments.
'We are extremely pleased with the investor response to our second fund,' said Regg Jones, managing partner of Greenbriar. 'We believe this support reflects our success with our first fund, our expertise in the transportation field and our network of relationships with senior industry leaders, which provide a platform for sourcing attractive investment opportunities and creating significant value in our portfolio.'
Greenbriar Equity Group is focused on making private equity investments in the global transportation industry, including companies in freight and passenger transport, aerospace and defense, automotive, distribution and logistics, and other related sectors. Greenbriar invests in companies with acquisition values in excess of $100m.
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