Fundraisers

Aberdeen raises $425m

The Boston-based manager closes its eight US private equity fund above target.

By
Matthew Cutler
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  • Fund name: Aberdeen U.S. Private Equity VIII
  • Amount raised: $425m
  • Target size: $350m
  • Stage of fundraising: Final close
  • Final/Interim close date: December 2019
  • Time on the road: <9 months
  • Predecessor fund: Aberdeen U.S. Private Equity VII

Aberdeen Standard Investments held a final close of Aberdeen U.S. Private Equity VIII on $425 million, above the fund’s $350 million target. This is Aberdeen’s eighth fund of funds focused on small-cap private equity funds in North America and follows the nearly $340 million fundraise of Aberdeen U.S. Private Equity VII. Funds in this series were run by FLAG Capital Management until the firm was acquired by Aberdeen in 2015.