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.