Sverica Raises $265M for PE Fund

Wade Roush4/29/09

Boston- and San Francisco-based Sverica International, a private equity fund that invests in service-oriented businesses and light manufacturing companies, said today it surpassed its $250 million target for its third fund, closing the fund at $265 million last November. The company said its current areas of investment interest include wind energy, enterprise software, and healthcare services.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.