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MMP Capital Partners, a new private equity fund focusing on leveraged buyouts, has raised $50 million in four months, a mark that has prompted a prowl for investments in the mid-Atlantic and Southeast.
MMP Capital, which recruited former BB&T Regional President Bob Pincus as its chairman, hopes to hit the $75 million mark by early fall. It reached $50 million largely through individual investors, says MMP Managing Director Murry Gunty.
Though the Washington region has...