Texas Firm Readies New PE Fund

Nov 18 2005 | 9:07pm ET

Austin, Texas-based TGF Management, which manages $577 million in the state-run private equity fund, the Texas Growth Fund, is reportedly readying to launch the Southwest Opportunity Fund.

The firm aims to raise $300 million in commitments for the new fund, which invest only in Texas firms and will focus on middle market ventures.

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