Constitution Capital Banks $1.1 Billion to Back Midmarket Funds, Co-Investments

Constitution Capital Partners has raised around $1.1 billion across two midmarket investment strategies, one that backs private-equity funds and the other that invests in companies alongside other fund managers, people familiar with the matter said.

The Andover, Mass., firm continues to seek some $300 million for a third vehicle, Ironsides Opportunities Fund II, which is focused on opportunistic credit deals, the people said. The strategy targets corporate debt as well as equity instruments, including senior and other loans,…