The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway.
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.
The post Citation Capital closes $1.2bn debut fund as emerging manager bucks fundraising headwinds appeared first on AltAssets Private Equity News.
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.
