# CD&R Raises $20B for Flagship Fund

> Clayton, Dubilier & Rice gathers $20 billion for its 13th flagship private equity fund targeting $26 billion.
- Title: CD&R Raises $20B for Flagship Fund · Dealroom | Shortify
- Summary: Clayton, Dubilier & Rice gathers $20 billion for its 13th flagship private equity fund targeting $26 billion.
- Keywords: clayton dubilier rice, fund xiii, private equity, flagship buyout fund, cd&r, 20 billion, 26 billion, 28.5 billion, Dealroom
- Source: Dealroom — https://dealroom.co/news/172667-cd-r-gathers-20b-toward-26b-flagship-buyout-fund
- Published: 2026-11-13T21:09:26+00:00
- Read time: 1 min
- Topics: clayton dubilier rice, fund xiii, private equity, flagship buyout fund, cd&r, 20 billion, 26 billion, 28.5 billion, startups, business
## What's the deal?
Clayton, Dubilier & Rice has raised about $20 billion for Clayton, Dubilier & Rice Fund XIII, its 13th flagship private equity vehicle, within six months of launching fundraising.
## Why now?
The pace is twice that of its predecessor, Fund XII, which gathered roughly $10 billion over a comparable span in 2023.
## Who's backing it?
The Pennsylvania Public School Employees' Retirement System has committed up to $200 million, and CD&R targets a final close in the first quarter of 2027.
## Key takeaway

Clayton, Dubilier & Rice raised $20 billion for Fund XIII, its 13th flagship private equity vehicle, targeting $26 billion.