U.S. private equity firm, CI Capital Partners, has closed its CI Capital Investors II with $620 million in commitments. The portfolio has exceeded its target of $500 million. CI Capital now has about $1.1 billion of capital under management.

The managing principals of the firm are the largest investors in the fund. In addition, investors in the portfolio include major financial institutions, charitable foundations, family offices, and university endowments.

Click here for the release from Business Wire.