Fund news in brief

Atlas Holdings is currently raising $650 million with a $900 million hard cap for its second fund, peHUB reported, citing the Wall Street Journal. Based in Greenwich, Connecticut, Atlas Holdings is a private equity firm specializing in bankruptcy purchases, restructuring and turnarounds.

Exhilway Global has closed $200 million for its mines and minerals private equity fund. According to the company, the pool will focus on acquiring and operating mines in Turkey, Kazakhstan and Indonesia. Exhilway is a U.S.-based emerging markets private equity fund.

FNB Capital Partners has raised an undisclosed amount of financing for its recently launched fund. According to the firm, the funding supported a buyout by 3 Rivers Capital and the management team of PHOENIX Rehabilitation and Health Services. Headquartered in Pittsburgh, FNBCP is a small business investment company affiliated with bank holding company FNB Corp, the parent of First National Bank of Pennsylvania.

Pan-Nordic, mid-market private equity firm FSN Capital Partners has closed its latest fund, FSN Capital IV. Campbell Lutyens & Co Ltd acted as sole global placement agent for the offering. The law firms Simpson Thacher & Bartlett and Carey Olsen provided legal counsel for FSN Capital IV.

Gilde Healthcare has reached a final close of its 145 million euros ($200 million) transatlantic growth capital fund, Gilde Healthcare III. The new fund targets investment in innovative businesses in home and digital health, medical devices, diagnostics and therapeutics in the United States and in Europe.

Nomura Holdings, Japan’s largest brokerage, and the UK’s Intermediate Capital Group, have agreed to form a joint venture to provide mezzanine debt to be used for acquisitions. Nomura and ICG will set up a new company and each will inject 10 billion yen ($100 million) into the fund, Reuters reported.