OceanSound Partners Fund III Closes With $3.4 Billion in Committed Capital

Paul, Weiss advised OceanSound Partners, a New York-based private equity firm investing in technology, technology-enabled services companies, aerospace, defense, government and highly-regulated end markets, on the launch of OceanSound Fund III, LP. The oversubscribed fund closed at $3.0 billion in total capital commitments. Together with related co-investment vehicles, OceanSound has raised $3.4 billion of cumulative committed capital in connection with the Fund.

The Paul, Weiss team was led by corporate partners Marco Masotti, Lindsey Wiersma and Andrew Day, and included tax partner Reuven Garrett; and executive compensation counsel Jake Glazeski.