Ropes & Gray Advises BV Investment Partners on $2.465 Billion Fund Close

In The News
January 6, 2026

Ropes & Gray advised BV Investment Partners, a private equity firm focused on the tech-enabled business services and solutions sectors, on the closing of BVIP Fund XII. The fund closed at its hard cap of $2.465 billion, exceeding its initial target of $2.0 billion. The closing was announced January 6 in a press release.

Consistent with its predecessor funds, Fund XII will continue BV’s established practice of investing alongside founders, management, and families to implement technology and operational improvements to accelerate the growth of portfolio businesses.

The Ropes & Gray team included asset management partner Debra Lussier and tax partners Scott Pinarchick and Amanda Holt.