Ironwood Capital is nearing the halfway point for its latest mezzanine vehicle, according to a Securities and Exchange Commission regulatory filing.
The Avon, Connecticut-based firm has locked down $163.89 million toward Ironwood Mezzanine Fund IV, the document showed.
The vehicle has a $400 million target, according to February 2017 meeting minutes from the Connecticut Investment Advisory Council, which made a $50 million commitment to the fund.
