Aberdeen raises $425m

• 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.