Italy and France-focused private equity firm, 21 Partners, has raised €380 million for its latest fund targeting the French mid-market, AltAssets reports. The 21 Centrale Partners IV made its second close at €300 million.

The fund has already invested in Ethical Coffee Company, and traffic information device company, Coyote. 21 Partners operates in Italy with 21 Investimenti and in France with 21 Centrale Partners.

Click here for the story from AltAssets.