Lone Star Funds

Overview

Lone Star Funds is a global private equity firm that invests in corporate equity, real estate, credit, and other financial assets. Founded in 1995, the firm has organized 25 private equity funds with total capital commitments exceeding $95 billion. Lone Star's investors include corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds, and high-net-worth individuals. The firm has affiliate offices in North America, Europe, and Japan. Lone Star focuses on asset-heavy and cash-flowing opportunities in developed markets, employing a disciplined underwriting process to identify and enhance value. The firm's investment strategy includes buyouts and distressed asset acquisitions, with a particular emphasis on real estate and real estate-related assets. Lone Star's operational resources and capabilities enable it to partner with management teams and drive strong returns for investors. The firm's recent activities include the acquisition of Hillenbrand, an industrial equipment manufacturer, for $2.3 billion in cash, with the deal expected to close by the end of Q1 2026. This acquisition adds to Lone Star's diverse portfolio, which spans private equity, credit, and real estate investments. Lone Star's disciplined approach and extensive experience in complex situations have established it as a leading value investor in the global market.

Investment Focus

• Asset-heavy and cash-flowing opportunities
• Developed markets
• Distressed assets
• Real estate and real estate-related assets
• Buyouts
• Distressed asset acquisitions

Portfolio Companies