Money Monday: Private equity firms raise funds, Houston pharma firms reach drug deal

Houston-based private equity firms and an arts-focused nonprofit disclosed funding in the past few weeks. In M&A news, two Houston pharmaceutical companies reached a deal for a brain cancer drug to trade hands. Here’s a look at where some of the money is going in the Bayou City.

Houston-based private equity investment group Sage Equity Partners LP disclosed selling $2.035 million in pooled investment fund interests for its “Sage Equity Partners Brice LP” fund, according to a Nov. 13 filing…