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Renovo Capital raises $188M for 3rd private equity fund

Special situations private equity fund Renovo Capital LLC raised $187.6 million for its third private equity fund.

Renovo Capital Fund III LP received commitments from 10 investors.

Renovo typically invests in traditional and specialty manufacturing, business services, energy services, technology and e-commerce companies in the lower middle-market with revenues between $25 million and $200 million.