Palladium Equity amasses over $1.5 bln for fifth PE fund

New York City-based Palladium Equity Partners, which invests in middle-market companies, has raised over $1.5 billion for its fifth private equity fund, according to an updated SEC filing. The target is $1.75 billion. UPDATE: According to a source familiar with the fund, its original target was $1.5 billion; however, the firm exceeded that target as per the new filing.  The $1.75 billion is the now disclosed hard cap.