American Securities Raises $3.6 Billion Beating Fund Target – Deal Journal – WSJ

American Securities Raises $3.6 Billion Beating Fund Target – Deal Journal – WSJ.

Nader Nazemi

American Securities LLC

The markets appear well and kicking. All the fear mongering about the end of the world and the collapse of the financial system is mostly hyperbole. let’s face it, the system will never collapse as long the governments keep bailing them out and as long as these systems which are  inherently fraud perpetuate the myth of being the only way to prosperity

American Securities LLC, a middle-market private-equity firm, has raised $3.64 billion for its latest U.S.-focused fund, beating the firm’s initial target of $3 billion.

The fund–named American Securities Partners VI LP–is American Securities’ sixth U.S.-focused fund and is 56% larger than its previous $2.33 billion fund launched in September 2008.

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