LongueVue Capital raises $252m

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LongueVue Capital has raised $252 million for its LongueVue Capital Partners III. The Metairie-headquartered firm began fundraising in 2016 with a $102 million target.

Its previous fund raised $175 million in 2012.

Investors that committed to LongueVue Capital Partners III include the University of Texas Investment Management Co..

The fund will target venture capital opportunities in a diverse number of sectors in North America.