Lone Star Fund IX (U.S.), L.P. and Lone Star Fund IX (Bermuda), L.P., each formed in April 2014, and Lone Star Fund IX Parallel (Bermuda), L.P., formed in June 2014, (collectively, “Lone Star Fund IX”) held their final closings in July 2014 with $7.2 billion in combined capital commitments. Over its 31 month investment period, Lone Star Fund IX invested substantially all of its equity capital in 33 investments comprised of 129,870 assets with an aggregate purchase price of approximately $34.1 billion. Transactions targeted by Lone Star Fund IX included investments in the Americas, Western Europe and Japan in financial and other investment assets, including single family residential debt and corporate and consumer debt products as well as investments in financially oriented and other operating companies.
Lone Star Fund IX invested a substantial amount of its equity capital in U.S. and European residential debt, including the acquisition of both mortgages and mortgage-related securities from a broad range of counterparties, including U.S. and European financial institutions and governmental entities. Additional investments included operating companies in industries related to the housing recovery and other opportunistic corporate investments in the Americas and Europe.