Permira has raised around €1.5bn towards its third debt fund, Permira Credit Solutions III, Real Deals understands.
The firm held an intermediary close for the fund this month at around €600m, which followed a first close in December 2016 at €900m.
The fund is expected to reach a final close at its hard cap at the end of June. It has made eight investments to date.
Permira reached a final close on its second debt fund in July 2015 at €800m.
Permira declined to comment.