The information emerged at the end of last week when Thomson Reuters and The Wall Street Journal reported about the close, citing sources with knowledge of the matter.
Angeles Equity Fund I, targeting $300m, was launched in September last year.
Angeles Equity Partners was set up two years ago by Jordan Katz and Tim Meyer who had recently left Gores Group.
The firm is said to target mid-market deals in the industrials sector, and has tapped Moelis & Co and GCA Savvian as placement agents for the fund.
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