Pequot Closes In On Fund IV

Pequot Capital has secured $183 million in capital commitments for its fourth private equity fund, according to a regulatory filing. The fund’s target is $200 million, with limited partners including The State of Michigan, Erie Insurance Exchange and GE Pension Trust. Benedetto, Gartland & Co. is serving as placement agent.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />