Triton Partners Raises €5.5 Billion for Delayed Flagship Fund

Triton Partners has raised €5.5 billion ($6.3 billion) for its new flagship fund, an important milestone after the buyout firm’s ability to attract fresh money was marred by work culture controversies and a difficult fundraising environment.

The European firm’s sixth mid-market fund closed at the target size and is its largest to date, according to a statement Monday that confirmed a Bloomberg News report.