Commonwealth Capital Ventures has closed its fourth fund with $250 million in capital commitments. www.commonwealthvc.com
Clarity Partners of Beverly Hills, Calif. is raising $750 million for its second LBO fund and $400 million for its first China-dedicated fund, according to LBO Wire. The China fund will be managed by Clarity co-founder David Lee and new Shanghai-based hire Sheldon Liu. www.claritypartners.net
Robert Berner has agreed to join CVC Capital Partners as a partner in the firm's recently-formed New York office. He previously was a managing director with Ripplewood and, before that, he was a managing director with Charterhouse and a principal in Morgan Stanley's M&A department. www.cvceurope.com
Goldman Sachs said that I-banker John Woldron is relocating from New York to London, in order to co-lead a group that advises private equity firms. The group's other co-head is Richard Campell-Breeden. www.gs.com
Daniel Barry and Timothy Lyne have been named senior managing directors of GE Antares Capital. Barry will lead the firm's sponsor coverage activities in the Midwest, and previously was a co-founding director of Antares Capital. Lyne also was an Antares co-founder, and will run West Coast sponsor coverage. www.geantares.com
James Kalish and Chip Broadhurst have joined Arsenal Capital Partners as operating directors. Kalish previously worked for Parker Hannifin's Climate and Industrial Controls Group, while Broadhust is managing member of Calchas Group and a former partner with Dauphin Capital Partners. www.arsenalcapital.com
Stuart MacFarlane has joined Momentum Venture Management as a managing director. He previously served as founding CEO of Insider Pages and, before that, was vice president of new ventures at Idealab. www.mvmpartners.com
Advanced Equities Financial Corp. has promoted Mark Dransfield to chief growth and productivity officer. He previously had been serving as president of the AEFC's independent brokerage subsidiary First Allied Securities Inc.
Al Lieberman has joined DJM Reality as a senior managing director. He previously was a principal with Hilco Real Estate and, before that, led the capital markets group at Balcor/American Express. www.djmreality.com
BWAY Holding Co., an Atlanta-based manufacturer of rigid metal and plastic containers, has filed for a $230 million IPO. It plans to trade on the NYSE under ticker symbol BWY, with Goldman Sachs and Banc of America serving as co-lead underwriters. Kelso & Co. acquired BWAY in 2003. www.bwaycorp.com