BankBoston Corp. last week closed its first private equity fund designed for clients of its private bank.

Private Equity Portfolio Fund, which invests in funds managed by outside firms, shut its doors to new investors with $150 million under management.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.