North Castle ramps up new fund

North Castle Partners is raising a new, $250 million private equity fund, with the firm focused on investments in the health and wellness sector.

Greenwich-based North Castle has secured commitments from more than 75 investors for nearly $50 million to date, with plans to raise $200 million more.

In September, North Castle made an unspecified investment in Curves International, a fitness franchise with multiple Fairfield County locations.