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Private Equity

Family Offices, Endowments Commit To River Associates' Seventh Fund

by finalternatives.com posted 1year ago 425 views
<p>River Associates Investments has raised $285 million in capital commitments for its seventh middle-market private equity fund, surpassing the original $250 million target. The oversubscribed new fund, named River VII, was raised in approximately eight months, the company said in a statement. Commitments came from endowments, public company pension plans, insurance companies and family offices.&nbsp;</p>