Aberdeen Asset Management's latest U.S. private equity fund closed on roughly $338.9 million, above its initial target of $300 million.

The Aberdeen U.S. Private Equity VII LP fund attracted capital from 96 investors, according to an SEC filing.

The amount raised included capital commitments from the fund's general partner, Aberdeen Private Equity Co. VII LLC.

Aberdeen Asset Management is the marketing name for Aberdeen Asset Management Inc. and related entities.