Pfingsten announces $382 million Fund V close

Pfingsten announced $382 million in Fund V commitments, above a $350 million target, on March 2, 2016. The fund was activated January 1, 2016 and the firm planned approximately 14 platforms. These are fundraising commitments for the numbered program, not firmwide AUM; the V-A offering filing expressly aggregates its target with V.