Brown Brothers Harriman raises $250m

The New York-based financial institution continues to focus on healthcare, TMT and business services in the US.

BBH Capital Partners Opportunities Fund has held a final close at its $250 million hard-cap, surpassing its target by $50 million. The fund will focus on lower mid-market companies based in the US, with initial investments of up to $20 million. Through this latest fund, the firm will continue to target its core sectors: healthcare, TMT and business services.