New 2ND Capital Closes Third GP-Led Secondaries Program at Over $875 Million

In The News
November 11, 2024

Ropes & Gray represented New 2ND Capital in the close of its third GP-led secondaries program, valued at over $875 million including co-investment vehicles, exceeding the fundraising target. The announcement was made in a Nov. 7 press release.

New 2ND Capital is a private equity firm investing in middle market companies in the US through GP-led secondaries transactions, including continuation funds, fund restructurings and spin outs.

This team included asset management partners Arthur Andersen, Marc Biamonte, Eve Ellis and Nicole Krea.