Washington, DC-based alternative investment management firm Accolade Partners closed its fourth fund of funds at $150m.
Founded in 2000, Accolade provides investors (endowments, foundations, institutions and individuals) with access to growth equity and venture capital funds. Accolade Partners IV will continue to follow this strategy.
The firm, which has also promoted Atul Rustgi to partner and Andy Salembier to chief operating officer, manages over $515 million across four funds.
Joelle Kayden is the Managing Partner of Accolade.