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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.
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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.
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Trump Says Fighting With Iran Has Resumed as He Orders Blockade and Tolls The New York TimesCNBC Daily Open: The Hormuz blockade is back and Trump is tolling CNBCTrump offers US protection in the Strait of Hormuz for a 20% fee. How would that work? CNNFACT FOCUS: A look at US and Iranian claims of control over the Strait of Hormuz AP NewsJuly 13, 2026 Letters from an American | H
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