Flag Capital has raised its third energy and natural resources fund.
FORTUNE -- Flag Capital has closed its third private equity fund-of-funds focused on energy and natural resources, Fortune has learned.
The Stamford, Conn.-based firm hit its $200 million hard cap, compared to its $175 million target and the $134 million it raised for its second such fund in 2010.
Expect the new fund-of-funds to focus on dedicated niche managers in such areas a MORE