Lightyear Capital Completes $1.6 Billion Fund V Fundraise

NEW YORK--(BUSINESS WIRE)--Lightyear Capital LLC ("Lightyear"), a New York-based private equity firm focused on financial services, announced today that it recently completed the final closing of its fifth flagship private equity fund, Lightyear Fund V, L.P. and Lightyear Fund V-A, L.P. (together, "Fund V"), with approximately $1.6 billion in capital commitments, including the sponsor commitment. This amount is 25% larger than the $1.25 billion target and 63% larger than the $957 million raised