Bridge Growth Raises $790 Million to Extend Hold on Solace

Bridge Growth Partners has raised $790 million of equity in a secondary transaction that will let it hold the infrastructure software company Solace for longer.

The single asset continuation fund was co-led by Apogem Capital, Golub Capital, HSBC Holdings Plc and Schroders Capital, according to a statement reviewed by Bloomberg News. Healthcare of Ontario Pension Plan rolled over a significant equity portion it owned into the new vehicle.