Charlotte-based Falfurrias Capital Partners has raise $485 million in a new fund to make future investments in companies, according to a filing with the Securities and Exchange Commission.

Falfurrias is seeking to raise an additional $15 million in the fund.

Eighty-one investors have invested in the fund, called Falfurrias Capital Partners IV. The filing did not disclose what kind of companies Falfurrias intends to invest in with the proceeds.

Falfurrias was founded in 2006 by former Bank of America executives Hugh McColl and Marc Oken, as well as Ed McMahan, with the objective of investing in proven management teams to build middle market businesses.

The company invests in businesses with EBITDA of $3 million to $25 million across a range of sectors, including consumer and retail, food and beverage, business services, financial services, manufacturing, industrials, energy and health care.

Its past investments include Bojangles’ Inc., Capital Bank Financial Corp., and SixAxis LLC. In October, it acquired air purification technology company Global Plasma Solutions for an undisclosed amount.

Its last fund, Falfurrias Capital Partners III, raised $237.3 million to invest in companies.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.