Genstar Capital said March 27 that its latest flagship fund closed on $3.95 billion of capital. The final close of Genstar Capital Partners VIII included $3.1 billion of limited partner capital commitments and $650 million of overage capacity from select LPs. Another $200 million came from the GP and affiliated entities. Evercore Partners served as placement agent for the fund, while Weil, Gotshal & Manges LLP provided legal advice.