Paul Weiss Steers New Brighton Park Fund’s $1.8 Billion Raise

Paul Weiss advised Brighton Park Capital Management on the closing of its second fund, which was oversubscribed with $1.8 billion in capital commitments, the law firm said.

The Brighton Park Capital Fund II, LP, which exceeded its target of $1.5 billion, received support from existing and new investors including endowments and foundations, family offices, pension funds, and financial institutions, the Greenwich, Connecticut-based private equity firm said in a statement.

As with its predecessor fund, the new fund will invest in growth stage software, health care and technology-enabled services companies, the statement said.

Brighton Park said its five investments so far ...