Private Equity, deals, fundraising

Sverica Raises $265M for PE Fund

Wade Roush 4/29/09

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. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.