Saratoga may raise a new fund this year

Saratoga Capital says it hopes to come back to the markets in late 2010 to raise a second private-equity fund. The Singapore-based manager's first fund runs $152 million, which -- if all goes according to plan -- should be 50% invested within the next two months and fully invested by the third quarter. The firm is doing deals in chunks of around $30 million for the original fund. Once that milestone has been achieved, it should be feasible to get going on a second fund by the fourth q…