The Gores Group has raised $2 billion for its third private equity fund, which will invest in technology, telecommunications, business services, industrial, consumer and health care. The pool, Gores Capital Partners III LP, exceeded its target of $1.5 billion by more than 30 percent. Lazard acted as placement agent and Weil, Gotshal & Manges served as fund counsel.
Signet Healthcare Partners has closed its third fund at about $129 million. New York-based Signet, which invests in specialty pharmaceuticals, medical devices and biopharmaceutical services, now has $328 million under management.