CVC Capital Partners, the London private equity and investment advisory firm, has closed its CVC Growth Partners middle-market fund at $1 billion in investor commitments.
The fund has made two tech investments so far. Earlier in February, CVC acquired Wireless Logic of Buckinghamshire, U.K., from ECI Partners, a London private equity firm that invests in middle-market companies. Wireless Logic provides wireless connections from devices, other than mobile phones, to other devices or to computer networks. For example, a trucking company can track its vehicles remotely using Wireless Logic’s products and services.