Private Advisors raises $60m

Private Advisors has raised $60 million to date for its Private Advisors Small Co Private Equity Fund VIII, per a SEC filing. The Richmond-headquartered firm has set a $350 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

Its previous fund raised $350 million in 2017.

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