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.