Ropes & Gray Advises Gridiron Capital on $2.1B Fund Close

In The News
October 18, 2023

Ropes & Gray advised Gridiron Capital, an investment firm focused on partnering with founders, entrepreneurs, and management teams, on the closing of Gridiron Capital Fund V and its affiliated funds ("Gridiron V") at $2.1 billion. The fund exceeded its target of $1.8 billion and represents an increase in fund size of 56% over the prior fund, Gridiron IV. The closing was announced on October 18 in a press release.

Gridiron V is the largest flagship fund in the firm's history, with a broad base of distinguished returning and new investors, including pension funds, insurance companies, family offices, endowments, and foundations located across the U.S., Europe, Asia, and the Middle East.  

The team was led by asset management partner Debra Lussier and included private equity partner Paul Van Houten, asset management partners Nicole Krea and Eve Ellis, and tax partner Adam Greenwood.