Recognized as one of the most active and highly regarded investment management practices in the United States, our group represents all types of asset managers across the liquidity spectrum, including private equity funds, credit funds, hedge funds, venture capital funds, real estate funds, hybrid funds and family offices. We have successfully raised hundreds of billions of dollars for our clients, who benefit from our extensive market knowledge, industry-leading networking events and strong relationships with all major market participants.
Roark Completes $6.5 Billion Fundraise for Two Funds
- Client News
- October 24, 2018
Paul, Weiss advised Roark Capital Group in the formation of two private equity funds: Roark Capital Partners V, Roark’s latest private equity flagship fund; and Roark Capital Partners II Sidecar, Roark’s first sidecar fund. Roark raised an aggregate total of $6.5 billion, with both funds exceeding their initial targets. Roark V closed with $5 billion of commitments and the Sidecar Fund closed with $1.5 billion of commitments. Atlanta-based private equity firm Roark Capital Group is focused on consumer and business service companies, with a specialization in franchised and multi-unit business models in the restaurant, retail, consumer services and business services sectors.
The Paul, Weiss team included corporate partner Amran Hussein and counsel Jyoti Sharma; tax partner Scott Sontag; and ERISA partner Robert Fleder and counsel Jason Ertel.