Greenspring Associates raises $595m

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Greenspring Associates has raised $595 million to date for its Greenspring Global Partners VIII, per a SEC filing. The Owings Mills-headquartered firm has set a $410 million target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

Its previous fund raised $430 million in 2015.

Investors that committed to Greenspring Global Partners VIII include the University System of New Hampshire and Kronstein Alternative Investment Advisors.

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