Outsourced CIO provider FEG Investment Advisors has raised at least $385 million for its seventh multi-strategy fund of funds, earmarked for primary and co-investments in private equity, private debt and real assets. The firm also is looking to hire six new people, including a portfolio management analyst.
The Cincinnati-based firm, with some $14.5 billion AUM and $82.2 billion AUA, has landed at least 78 investors for FEG Private Opportunities Fund VII LP, per new filings.
Continue reading “Emerging manager backer nears $400 million for fofs; has six openings”