Blue Heron Capital has closed out its latest fund with $102 million, according to industry reports.
The new fund, Blue Heron Capital Fund III, was oversubscribed.
Blue Heron, based in Richmond, Va., is a private equity firm focused on healthcare and enterprise technology. Founded in 2006, the firm pursues growth equity and minority positions, typically investing in companies with $3 million to $25 million in revenue.
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