Iris Dorbian

Lorient Capital has raised $122 million for its new healthcare fund, according to an SEC filing. Co-founders Mark Mitchell and David Berman currently serve as managing partners of the Birmingham, Michigan-based private equity firm.

Perella Weinberg Partners has named Chris Blake as a partner in its advisory business. His appointment begins in late September. Blake is joining PWP after working 19 years at Citigroup where he was most recently a managing director and co-head of the global automotive franchise.

Sterling Partners has sold The National Research Center for College & University Admissions to ACT Inc. No financial terms were disclosed. NRCCUA is an educational data science and research organization.

Antin Infrastructure Partners has acquired Albany, New York-based FirstLight, a provider of fiber-optic data, internet, data center, cloud and voice services to enterprise and carrier customers in the Northeast. The sellers were Oak Hill Capital Partners, Novacap and Riverside Partners. No financial terms were disclosed. Bank Street Group and TD Securities were lead financial advisers to FirstLight and Oak Hill on the deal while UBS Investment Bank provided financial advice to Antin.

The RealReal, a provider of authenticated luxury consignment solutions, has raised $115 million in Series G funding. PWP Growth Equity led the round with participation from Sandbridge Capital and Great Hill Partners. As part of the investment, Chip Baird, co-founder and partner of PWP Growth Equity, will join The RealReal's board of directors.

DME Express, which is backed by WayPoint Capital Partners, has acquired Maryland-based Advanced Therapeutics, a provider of medical equipment to hospice providers. No financial terms were disclosed.

Great Rock Capital has provided a $12 million senior secured credit facility to Imperial Toy, a maker of toys. The capital will be used to increase Imperial Toy's business production and position it for growth.

Outward Hound, a portfolio company of J.W. Childs Associates LP, has acquired Wholesome Pride, a maker of pet treats. No financial terms were disclosed.

TwelveStone Health Partners, a provider of chronic care medication services, has secured $4.3 million in funding. The investor was Claritas Capital.

San Francisco-based PicsArt, a creative platform for social media editing, has named Tammy H. Nam as chief operating officer. Nam is a former CEO of Viki Inc. PicsArt is backed by Sequoia Capital, DCM Ventures, Insight Venture Partners and Siguler Guff and Company.