Just closed: Seacoast Capital raises $89m

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Seacoast Capital has raised $89 million for its Seacoast Capital Partners IV, according to a SEC filing. The San Francisco-headquartered firm began fundraising in 2015 with a $75 million target.

Its previous fund raised $150 million in 2013.

The fund will target subordinated/mezzanine debt opportunities in a diverse number of sectors in the United States.