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Lovell Minnick hits $1.28bn hard cap for fifth middle market fund close

(Opalesque) Financial services-focused private equity firm Lovell Minnick Partners has hit a $1.28bn hard cap for the final close of its latest flagship fund. As private equity firms continue benefit from strong demand for alternative investments, Lovell Minnick Equity Partners V LP (Fund V) exceeded its $1bn target and closed at its hard cap, the maximum amount allowed for the fund

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