Venture Investment Associates raises $150m

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Venture Investment Associates has raised $150 million for its Venture Investment Associates VIII. The Peapack-headquartered firm began fundraising in 2015 with a $150 million target. Additionally, the firm raised $80 million for its third Seed Technology Partners fund.

Its previous fund, Fund VII, raised $123 million in 2013.

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