DFW Capital Partners has closed its fourth fund.
DFW Capital Partners IV generated $162.5 million in capital commitments, exceeding its $150 million target.
So far, DFW has facilitated three deals with cash from the fund. In March 2012, it made an equity investment in Information Innovators Inc., while in January 2013 it partnered with PineBridge Investments and Iroquois Capital on a $35 million senior preferred equity investment in nashville, Tenn.-based Covenant Surgical Partners.
The Teaneck, N.J.-based firm followed that deal with an investment in the parent entity of Sebela International Ltd. and Sebela Pharmaceuticals Inc. in August 2013.
Terms of each deal were not disclosed.
For the fund raise, Griffin Financial Group worked as placement agent.