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Falcata Capital's Debut Fund Hits $1bn

Houston-based private equity firm Falcata Capital announced the closing on its initial fund today at $1 billion of committed capital.  Robert Burnett, Falcata's president and co-founder, said: "We are pleased with the speed and support received from the investment community throughout the initial fund raising process.  We have an experienced team at Falcata focused on identifying companies to add to the portfolio, and are eager to begin executing on our strategy." Falcata has already deployed capital from the first fund with the purchase of Xpressdocs in Fort Worth, Texas. Xpressdocs is a provider of brand management and direct marketing solutions for enterprises and franchises across a variety...