Altius reaches first close for second FoF

Gatekeeper Altius Associates has held a first close for its second fund of funds on $50m after three months on the fundraising trail.

UK-headquartered advisor and gatekeeper Altius Associates has held a first close for its second fund of funds with $50 million in commitments.

Altius Associates Private Equity Fund II launched three months ago. The firm hopes to raise in the region of $150 million, according to a source close to the process.

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