Orkila Capital raises $118m

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Orkila Capital has raised $118 million to date for its Orkila Growth Fund II, according to a SEC filing. The New York-headquartered firm has set a $130 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

The fund will target venture capital opportunities in technology, media, and telecommunications sectors in North America.