The oversubscribed fund has been backed by a range of unnamed insurance companies.

US-based private equity firm Revelstoke Capital Partners closed its co-investment fund at $303m yesterday, after signing up a range of unnamed insurance providers as limited partners.

Revelstoke Capital Partners Co-Investment Fund I, which was oversubscribed, has also been backed by unnamed pension plans, sovereign wealth funds, family offices, endowments and funds of funds.

Revelstoke has not disclosed details about the investments it is seeking to make through the fund. The firm’s portfolio currently includes startups in the healthcare, transport and…

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