Portfolio Advisors Closes 7th F-o-F At $1.1B

Portfolio Advisors, a Darien, Conn.-based fund of funds manager, reached a $1.1 billion close on its latest flagship vehicle, Portfolio Advisors Private Equity Fund VII LP, according to Paul Crotty, a managing director at the firm. The new fund surpassed its original $1 billion target, and came two years after its predecessor, Fund VI, also attracted $1.1 billion in commitments.

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