Genstar Capital has announced it has closed its latest fund — Genstar Capital Partners X — with $10.2 billion in total commitments.

The fund reached its hard cap and was oversubscribed, the firm reported.

Genstar also announced that it raised committed overage capacity of $1.5 billion from select limited partners for Genstar’s Opportunities Fund X. This fund will co-invest in Genstar Capital Partners X’s larger transactions.

Genstar Capital, based in San Francisco, is a private equity firm focused on making control investments in global middle market companies headquartered in North America. Founded in 1988, the firm targets investments in healthcare and a few other sectors.