Charlesbank Equity Fund V, the fifth private equity fund sponsored by...

Charlesbank Equity Fund V, the fifth private equity fund sponsored by Charlesbank Capital Partners, raised nearly $400 million in its second closing. Investors include the $14 billion Harvard University endowment and $24 billion Massachusetts Pension Reserves Investment Management Board, both in Boston; the $50 billion pension fund of Lucent Technologies, Murray Hill, N.J.; and the $8.6 billion pension fund of the World Bank, Washington.