Firm: Private Advisors
Fund: Private Advisors Small Company Buyout Fund IV
Amount Raised: $211.5M
Private Advisors has raised $211.5 million for its fourth fund of funds earmarked for small-cap buyout and growth equity funds, a source told sister Web site peHUB.
The final close for
Fund IV has already committed $117.5 million to 11 private equity funds, the source said.
Richmond, Va.-based Private Advisors, a funds-of-funds that invests in hedge and private equity funds, has more than $3.5 billion in assets under management.
(Luisa Beltran is a reporter for sister Web site peHUB.)