Calif.'s LightBay Capital Raises $615M In First Fund

By Adam Rhodes ( January 4, 2018, 1:27 PM EST) -- Los Angeles-based, middle market-minded private equity firm LightBay Capital said Thursday it has raised $615 million in its oversubscribed premiere fund, after blowing past a $450 million goal thanks to investments from insurers, pension plans and firm professionals alike. . . .

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