SL Capital Partners has raised $213 million for its SL Capital SOF III, according to a SEC filing. The Edinburgh-headquartered firm began fundraising in 2016 with a $400 million target.
Its previous fund raised $291 million in 2015.
Investors that committed to SL Capital SOF III include the Surrey County Pension Fund and the Cumbria Local Government Pension Scheme.
The fund will target secondaries opportunities in a diverse number of sectors in North America and Europe.