Centana Growth Partners raises $250m

The growth equity firm’s debut fund is oversubscribed.

Centana Growth Partners' first fund has held a final close at $250 million. The oversubscribed vehicle had originally targeted $200 million, to make investments of between $5 million and $30 million in financial services companies.

Investors committed to the fund include the City of Baltimore Fire & Police Retirement System and the Los Angeles Fire & Police Pension System.

Lazard acted as the placement agent for the fund.