Lone Star Fund XII, L.P. is a $5.3 billion private equity opportunity fund managed by Lone Star Funds, a global investment firm headquartered in London with offices in Dallas, New York, Tokyo, and other locations. The fund closed in 2024 and targets value-driven investments in distressed or complex situations across sectors, including private equity opportunities in real estate, credit, and corporates.
Affiliates of Lone Star Fund XII have recently expanded into the chemical industry through strategic acquisitions. It completed the purchase of RadiciGroup's High Performance Polymers and Specialty Chemicals businesses, producers of chemical intermediates, polyamide polymers, and high-performance engineering polymers, including recycled and bio-based solutions. Concurrently, it agreed to acquire DOMO Engineered Materials, a producer of polyamide compounds such as PA6 and PA66 under the TECHNYL® brand, encompassing production sites in Europe (Germany, Italy, Poland), support functions in multiple countries, and international operations in China, India, South Korea, and the US.
The combined platform forms a global tier-1 compounder serving automotive, construction, consumer, and industrial markets, led by CEO Jochen Fabritius.