Lovell Minnick Above Target on Third Fund

Lovell Minnick Partners has passed its $350 million target for its third fund, Lovell Minnick Equity Partners III, with a $365 million second close. The firm, which has tapped Credit Suisse Private Fund Group to help raise the fund, has not said when it plans to close the fund. Lovell Minnick focuses on investments in the global financial services sector and includes companies such as Alps Price Meadows and Leerink Swan in its portfolio.