Greenspring Associates raises $325m

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Greenspring Associates has raised $325 million for its Greenspring Opportunities IV, according to a SEC filing. The Owings Mills-headquartered firm began fundraising in 2015 with a $225 million target.

Its previous fund raised $152 million in 2015.

Investors that committed to Greenspring Opportunities IV include the Principle Advisory Services and Rollins College.

The fund will target private equity fund opportunities in a diverse number of sectors in North America.