Fundraising Updates: Mesirow, Harbert , Sterling

Culled from regulatory filings, here are some recent private equity and venture fundraising updates.

Mesirow Financial Private Equity Partnership Fund V LP
Mesirow Financial’s PE arm has raised $397 million from 20 investors for its fifth fund, a 2008 vintage. The fund has a target of $900 million.

Sterling Group Partners III LP
Texas-based Sterling Group has raised $267 million from 44 investors toward its third fund. The vehicle has a $750 hard cap. Lazard is serving as the placement agent. The firm’s last fund was a 2005 vintage with $470 million in commitments.

Harbert Venture Partners II LP
Harbert Ventures, a division of Harbert Management Corporation, has raised $56.275 million from 50 investors for its second venture fund. The vehicle has a $150 million target. The firm’s last vehicle was a 2004 vintage with $52.4 million in commitments. Harbert Management was included in last year’s “most active” dealmaking list from Pitchbook media, with 8 deals under its belt.

Fundraising Updates: Commitments Are Sloooooooow

PE Fundraising Falls To Six-Year Low

Fundraising Updates: Centerbridge, Domain, Insight Equity & More…

Fundraising Updates: Permal, Crosslink, Paladin