 Over the ensuing two decades, the total committed capital of each of the firm’s institutional funds, and the size of its professional staff, have grown steadily and in parallel.The firm’s first institutional fund, raised in 1999, was $120 million, while its second (raised in 2006) was $265 million, the third (raised in 2012) was $380 million, and the fourth and most recent fund (raised in 2017) comprised $510 million of capital commitments.Some of RLH's notable current and past investments include