Ropes & Gray advised Valspring Capital, a healthcare-focused growth equity firm, on the final close of the firm’s debut fund, Valspring Capital Fund I (“The Fund”), above its target, at $255 million. The fund close was announced in a press release on January 9.
The Fund received strong institutional investor interest from a diverse LP base which includes endowments and foundations, pensions, financial institutions, funds of funds, and private wealth firms.
The Ropes & Gray team included asset management partner Bryan Hunkele and tax partner Scott Pinarchick.
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