Hicks Muse Tate & Furst Inc. said Monday that it has closed a new $4.1 billion private investment fund.
Hicks Muse Tate & Furst Equity Fund IV will invest primarily in companies that Hicks Muse has acquired or in which it has taken a large stake. The Dallas buyout firm's fourth fund, it is also its largest.
The firm launched its first fund in 1989 with $270 million.
About 20%, or $820 million, of the fund includes money from investors outside the United States. Hicks Muse also has offices in New York, London, Mexico City, and Buenos Aires.