EUROPE/US - Portfolio Advisors closes fifth fund above $1bn
Portfolio Advisors has closed its latest private equity fund-of-funds, Portfolio Advisors Private Equity Fund V, on just over $1bn.
The fund will focus on US middle market buyouts, European buyouts and venture capital.
Limited partners include private and public pension plans, university endowments, private foundations, insurance companies, family offices, and high net worth individuals.
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