Portfolio Advisors LLC has closed a private equity secondary fund with $910 million in capital commitments.

Investors include private and public pension plans, university endowments, private foundations, insurance companies, family offices and high net worth individuals. About 80 percent of the fund’s commitments came from investors who had previously invested in Portfolio Advisors’ funds.

Portfolio Advisors, headquartered in Darien, Conn., provides private equity, private credit and private equity estate investment advisory and portfolio management services to investors. The firm invests in individual and pools of secondary interests in funds on behalf of its fund-of-funds vehicles and clients. Since 2003, the firm has completed more than $2 billion in private equity secondary transactions.

The firm’s first fund closed in 2009 with about $1.05 billion in commitments. 

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