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Westport Capital Partners raises $357.7m

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Westport Capital Partners has raised $357.7 million to date for its WCP NewCold. The Wilton-headquartered firm had set a $500 million target and began fundraising in 2015.

Investors that committed to WCP NewCold include the Utah School and Institutional Trust Fund Office.

The fund will target opportunistic returns in a diverse number of properties globally.