McRock Capital has held an initial closing on its second venture capital fund, McRock Fund II LP, dedicated to investing in the global trend around the Industrial Internet of Things (IoT). The new fund has reached over 80 per cent of its targeted USD100 million.   Investors include Cisco Investments,

Innova Capital, a private equity firm operating in Central and Eastern Europe, has held the final close  of Innova VI (Innova/6) at EUR271 million. Over 60 per cent of the committed capital came from prior fund participants, with remaining commitments provided by new investors. The fund has received backing from

Ford Financial Fund has held the the closing of Ford Financial Fund III with over USD1 billion in commitments. Ford Financial Fund is a private equity fund focused on investments in community banks.  The fund is co-managed by Gerald J Ford and Carl B Webb, who are among the nation’s

Middle market private equity firm Freeman Spogli & Co has held the closing of FS Equity Partners VIII (Fund VIII) at its hard cap of USD1.85 billion in capital commitments.  Fund VIII is the successor fund to FS Equity Partners VII, which closed on total commitments of USD1.3 billion. Commitments to Fund VIII came

MiddleGround Capital (MiddleGround), a private equity firm that makes control investments in business-to-business (B2B) industrial and specialty distribution companies in the North American lower middle market, has held the final close of Fund I, MiddleGround Capital I, above the fund’s hard cap at USD459.5 million. MiddleGround Capital was formed in

Xiang He Capital, the China TMT focused venture capital firm founded by former Baidu executives Hesong Tang and Maggie Yang, has recently closed its second USD-denominated venture fund at the increased hard cap of USD425 million. The Fund was well oversubscribed, exceeding the USD350 million target and with demand beyond

Foresight Group (Foresight), an independent infrastructure and small cap private equity investment manager, has launched its fifth regional private equity fund, which will focus on companies in the thriving SME sector in the East of England. Cornerstoned by the Cambridgeshire Pension Fund, the Fund will target long term value growth

Cotton Creek Capital (Cotton Creek) has closed Cotton Creek Capital Partners III with USD215 million in capital commitments.  The Fund includes a diverse group of limited partners, including high net worth families and individuals, multi-family offices, endowments and foundations, and other institutional investors. Cotton Creek targets control investments in growth