GS Capital Partners makes private equity investments on behalf of Goldman Sachs and others. It participates in a range of transactions, including leveraged buyouts, recapitalizations, acquisitions, and build-outs. An active investor that partners with its portfolio companies, GS Capital Partners typically invests between $200 million to $800 million per transaction in middle-market or large firms in a variety of industries. In 2007 GS Capital Partners closed its latest fund, GS Capital Partners VI, which raised some $20 billion, including more than $7 billion from Goldman Sachs; it is one of the largest private equity funds ever.