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The firm also closed on TA Subordinated Debt Fund II LP, or TA SDF II, a $777.5 million capital subordinated debt fund.
Mr. Obama's other holdings include several hundred thousand dollars in mutual funds and a debt fund.
In addition, a new Cabinet Committee on Investments and an infrastructure debt fund are set to accelerate major foreign investments.
While other firms relied on the public debt markets, Forstmann raised his own special subordinated debt fund.
While other firms relied on the public debt markets, Forstmann Little raised its own special subordinated debt fund.
The Boston-based private equity firm on Monday announced the closing of two new investment vehicles: TA X LP, a $3.5 billion private equity capital fund; and TA Subordinated Debt Fund II LP, a $777.5 million subordinated debt fund.
International Emerging Markets Debt fund is managed by Citigroup and Ashmore Investment Management, a boutique firm in London.
The firm also runs a distressed debt fund, which takes control of companies when they hit the rocks.
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Jon Moulton runs a £300m distressed-debt fund and he's "loving it" - the credit crunch, that is.
Run by Geoffrey Raynor, who formerly worked with the billionaire Bass brothers, R2 is a distressed-debt fund known for its aggressive tactics.
General Motors offloaded 51% of its financing arm, General Motors Acceptance Corporation, to a consortium led by Cerberus, a distressed-debt fund turned private-equity firm.
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