U.S.-based private equity firm Littlejohn & Co., LLC, has closed $2.84 billion in capital commitments for its fund, Littlejohn Fund VI, L.P.

Littlejohn's sixth fund exceeded the company's target of $2.5 billion.

With the funds raised, Littlejohn expects to continue executing on its strategy of partnering with management to transform businesses via investments in equity and special situations in a broad range of middle market companies.

In 2014, Littlejohn raised $2 billion in committed capital for a previous fund, Littlejohn Fund V, L.P.