KarpReilly LLC, a consumer-focused lower mid-market private equity firm, has hit the $200 million target for its third fund, according to <a href="https://www.sec.gov/Archives/edgar/data/1691630/000169163016000001/xslFormDX01/primary_doc.xml">an SEC filing</a>. In 2013, the firm’s previous fund <a href="http://www.prnewswire.com/news-releases/karpreilly-raises-fund-188042571.html">closed at </a>$210 million.