CD Capital raises $355m

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CD Capital has raised $355 million for its CD Capital Natural Resources Fund III, according to a SEC filing. The London-headquartered firm began fundraising in 2014 with a $400 million target.

Its previous fund raised $255 million in 2013.

Investors that committed to CD Capital Natural Resources Fund III include the University of Michigan.

The fund will target venture capital opportunities in natural resources sectors globally.