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Newport Beach-based private equity firm Solis Capital Partners has closed its second fund with $61 million in commitments.

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Many of Solis’ initial investors have re-committed to the second fund, dubbed Solis II, according to founder and Managing Director Dan Lubeck.

Solis Capital invests in companies with revenues between $15 million and $150 million, and its investments range from $2 million to $25 million.