Delta Private Equity Partners, which backs fast-growing companies in Russia, plans to launch a third fund, this one with a $300 million target, in the next two or three months, PE Week Wire has learned. With offices in Moscow and New York, Delta Private Equity has invested about $400 million in 51 companies through The U.S. Russia Investment Fund established in 1994 and the Delta Russia Fund formed in 2004. The firm is led by the indomitable Patricia M. Cloherty, former co-chairman, president and general p artner of Apax Partners Inc. San Francisco-based Denning & Co. has been tapped to assist with marketing. www.deltacap.ru

The Goldman Sachs Group Inc. (NYSE: GS) has raised $6.5 billion for its first fund earmarked for investments in infrastructure deals—toll roads, airports, ports, along with regulated gas, water and electrical utilities. The investment bank committed $750 million of the sum, with additional dollars flowing in from pension funds, insurance companies and banks. The firm plans to concentrate mainly on opportunities in Europe and North America. Steven Feldman and William Young are the co-heads of the infrastructure group, which is tucked inside the merchant banking division of Goldman Sachs. www.gs.com

Sequoia Capital India is backing Bangalore-based online educational tutoring company TutorVista Global to the tune of an additional $3 million, according to The Economic Times. The investment is part of a second round of venture financing totaling $10.75 million; Sequoia capital India earlier this year invested $2 million. This latest round was led by Lightspeed Venture Partners, which is investing $7 million; Silicon Valley Bank also made a small investment. The company plans to use the cash for branding, marketing, and may also look to make acquisitions. www.tutorvista.com