The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve closer to a vote to raise interest rates next month.
Avenue Growth Partners has closed its second fund on its $155m hard cap, more than doubling the size of its debut vehicle amid a continued push from LPs into AI verticals.
The post Avenue Growth Partners hits hard cap with $155m Fund II as LP demand backs vertical AI strategy appeared first on AltAssets Private Equity News.
