Mesirow Financial expects to raise its third private equity fund of...

Mesirow Financial expects to raise its third private equity fund of funds later this year, said Marc Sacks, senior managing director and head of the firm's private equity partnership group. Mesirow Financial's second fund closed in 2001 with $235 million. The new, larger fund is expected to also invest in a diversified portfolio of U.S. and European venture capital, private equity, mezzanine and distressed debt funds, he said.