By: Becky Yerak | Tribune Reporter

A Chicago-based commercial finance firm founded last year and led by former Merrill Lynch Capital executives has raised $318 million in additional equity commitments, bringing its total capital pool to $850 million.

NXT Capital LLC, which invests in middle-market businesses, said it received commitments from new and existing investors, including an additional $125 million investment from the Ontario Teachers’ Pension Plan.

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Originally posted on Chicago Tribune October 25, 2011