Chicago-based Periscope Equity announced $225 million in capital commitments for its Fund II, which follows an already successful inaugural fund raised in 2018.
Fund 1 had attracted $104 million, officials said in confirming that its second institutional fund won the backing of university endowments, pension funds, charitable foundations, funds of funds and family offices. M20 Private Fund Advisors was the fund’s placement agent.
The initial Periscope fund was deployed in less than three years.
“The durability and growth of our existing portfolio during the pandemic demonstrates the benefits of our consistent . . .
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