Rutgers University was among a string of limited partners for the growth equity firm's ninth fund, which was oversubscribed from its $300m target.

US-based growth equity firm Edison Partners closed its ninth fund at $365m yesterday having raised capital from limited partners including Rutgers University. The LP list also included insurance firm American Family, investment manager Hirtle Callaghan, New Mexico Educational Retirement Board and fund-of-funds Renaissance Venture Capital Fund. Edison makes investments in growth-stage companies generating $5m to…

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