Ropes, Kirkland Help Parthenon Capital Close $4.5 Billion Fund

March 29, 2023, 10:45 AM UTC

Ropes & Gray and Kirkland & Ellis advised on Parthenon Capital’s latest private equity fund, which closed with more than $4.5 billion in commitments.

Ropes said it advised The Parthenon Investors VII fund, which exceeded its initial $3.5 billion target. Kirkland represented Parthenon Capital for all management company documentation, according to a statement.

Founded in 1998, Parthenon Capital says on its website it invests in middle-market companies with enterprise values of $75 million to $750 million, in three core sectors: financial services, health care services, and business services.

Parthenon Capital in February announced a major strategic investment in Titan Wealth ...

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