Private equity firm AAVIN closes third fund with $63M in capital
AAVIN Equity Advisors, a Cedar Rapids-based private equity firm, has closed the AAVIN Capital III, L.P. with total capital commitments of $63 million and a license to operate as a small business investment company (SBIC). AAVIN III will invest in U.S.-based lower middle-market companies with less than $50 million of…