The Halifax Group has closed its oversubscribed third buyout fund, Halifax Capital Partners III. The final tally of $393 million of committed capital was above the original target of $350 million. XT Capital Partners served as placement agent for the fund. Halifax's previous fund closed in 2006 on $305 million and had an IRR of 18.09% as of December 31, 2011. Halifax will continue to invest in companies primarily in business and government services, health services, infrastructure services and franchising throughout the U.S. and Canada.