CD&R amasses $12bn for eleventh fund

The amount makes Fund XI the long-time firm's largest yet.

Clayton, Dubilier & Rice has raised $12 billion for its eleventh fund, according to an SEC filing. No target was specified in the document. The New York City-based private equity firm was founded in 1978.

Update: The amount raised was updated for Fund XI based on additional info in the SEC filing.

Source: SEC filing