Blue Wolf Capital Partners has closed its latest fund with $300 million in equity commitments. Blue Wolf Capital Fund III was oversubscribed relative to its hard cap of $300 million. The vehicle will be used to take controlling stakes in middle-market companies based in the U.S. and Canada. To date, the fund has already made a pair of investments in Twin Rivers Paper and Suwannee Lumber. Stanwich Advisors served as the fund's placement agent and Proskauer Rose provided legal counsel.