AEA Investors, the storied New York buyout shop that recently scored big on the sale of Burt’s Bees to Clorox, expects to wrap up its latest mid-market buyout fund later this quarter at $1.5 billion, according to a source close to the fund.
The firm sits at the $1.3 billion mark on the partnership, which was launched in late 2006.AEA Investors closed the predecessor fund at $1.1 billion in 2003. Since then it has raised a $600 million mezzanine fund and a $285 million small business fund. In addition to its New York office, AEA Investors has offices in Stamford, Conn., London and Hong Kong.
On its Web site the firm lists 23 managing directors, 17 additional investment professionals, and seven other professionals.
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