Veritas Capital has defied market headwinds by securing $15.3 billion for its Fund IX, marking one of the largest private equity fund closes in recent years. The raise represents a 40% increase over Fund VIII and positions the New York-based firm for continued aggressive deployment in government-focused sectors.

Since closing the fund, Veritas has deployed capital across both its Flagship and Vantage strategies. The firm acquired GHX to expand its healthcare supply chain software portfolio, with significant co-investment from global institutional partners. Its Vantage strategy purchased MetroStar, an AI-enabled digital transformation provider serving U.S. defense and national security agencies.

CEO Ramzi Musallam emphasized the firm's focus on sectors driven by regulation, public policy, and structural innovation rather than short-term economic cycles. Veritas manages over $54 billion in assets and has ranked among the top ten global private equity firms in the HEC-Dow Jones Large Buyout Performance Ranking for four consecutive years. The fund's success stands out in an environment where many managers face extended timelines and tighter limited partner allocations.