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Activant Capital Is Seeking at Least $500 Million For New Fund

  • Greenwich, Connecticut-based firm backs fast-growing startups
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Activant Capital is seeking to raise at least $500 million for a new growth-equity fund, according to a person with knowledge of the matter.

The firm has begun early-stage discussions with investors ahead of a formal launch of Activant Capital V LP, and is targeting a first close by January, said the person, who requested anonymity as the talks are private.