Chelsea Stevenson
The Mexican growth equity firm is targeting between $200m and $250m.
The Caribbean-focused private equity firm is targeting $300m for its second fund.
.jpg "Northleaf closes debut secondaries fund on $255m")
The Toronto-based firm surpassed its $200m target.
Private equity fund managers and direct investing LPs are increasingly targeting US restaurant chains.
The promotions come roughly a week after the firm announced improved performance in its annual report.
Despite a decline in total exit volume, GPs in Latin America are increasingly using IPOs to divest portfolio companies.
The Chicago-based firm has sold cloud-based technology company Fieldglass, which it bought for $150m in 2010.
The San Francisco-based firm will buy the seafood restaurant chain from Darden Restaurants.
The fund exceeded its $2.25bn target and closed on its hard-cap.
GPs at an industry conference this week were bullish on markets in Southeast Asia and Latin America despite slowing growth in China.