Vintage Closes First Fund

Vintage Fund Management of Los Angeles has closed its inaugural private equity fund, which will focus on middle-market companies with annual revenue of between $20 million and $200 million. The fund is capitalized with $150 million, including capital from the SBIC and from limited partners like New York State Common Retirement Fund, Aldus Equity Partners, GKM Generation Funds, Pacific Western Bank and First Republic Bank. www.vintagecapitalgroup.com