Second Falfurrias fund halfway to investment goal

The latest Falfurrias Capital Partners fund has crossed the halfway mark toward its $200 million goal, according to a securities filing Wednesday.

The Charlotte private equity firm led by former Bank of America executives, including long-time CEO Hugh McColl, officially disclosed the fund in 2011. It's now raised $105.7 million.

The second offering follows an initial fund launched in 2006. That first $97 million fund has made a half-dozen investments so far.

The firm focuses on middle-market companies in the Southeast.