<p>New York-based Gamut Capital Management, a middle-market private equity firm, has closed its inaugural fund at $1 billion, beating its initial $750 million target.</p>
<p>Gamut Investment Fund I’s will focus on leveraged buyouts, corporate carve-outs, strategic partnerships and distressed-for-control situations. It is planning on making investments between $50 million and $150 million in the agriculture, chemicals, telecom, industrials, mining, power, distribution, technology, energy and transportation sectors.</p>