RockBridge raises $351.5m

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RockBridge Capital has raised $351.5 million to date for its Rockbridge Hospitality Fund VII, per a SEC filing. The Columbus-headquartered firm has set a $500 million target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

Its previous fund raised $438 million in 2014.

The fund will target value added opportunities in the hospitality sector in the United States.