Citation Capital has held a $1.2bn final close for its inaugural private equity fund, making it one of the largest first-time buyout vehicles raised in recent years despite a difficult fundraising environment for new managers.
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Lightspring Capital Partners has held the final close of its second flagship fund on just over $218m, strengthening its position in the US lower middle market.
The post Lightspring Capital closes $218m second fund as lower mid-market specialist expands SBIC platform appeared first on AltAssets Private Equity News.