Previous investors Xerys Fund, Siparex and Calao Finance have completed a $18.6m series-B round for France-based Herow, formerly known as Connecthings, a contextual engagement platform app.
Gyrus is fundraising for both its open-ended Cortex Fund and closed-ended Principal Fund
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Predecessor vehicle PEC III closed on $389m in October 2017 and is now fully deployed
Arlington expects to put fresh capital into the business and grow it through acquisitions