WestView Capital Partners raises $700 million

The Boston-based firm closes its oversubscribed fourth growth fund.

WestView Capital Partners held a final close on its oversubscribed fourth fund at $700 million.

WestView Capital Partners IV will continue the firm’s strategy of making equity investments in middle-market growth companies in bitesizes of $15 million to $60 million. The Massachusetts Pension Reserves Investment Management Board is among the limited partners in this fund.

The Boston-based firm’s previous flagship vehicle, WestView Capital Partners III, closed at $430 million in 2014.