Ropes & Gray Advised Equality Asset Management on $575 Million Fund Close

Ropes & Gray advised Equality Asset Management, a Boston-based private equity firm focused on investing in transformative growth software and technology companies, on the closing of its second fund, EAM Private Equity Partners II, L.P. ("EAM Fund II") with $575 million in total capital commitments. The close was announced in a press release on January 28.

The Fund was oversubscribed with demand significantly exceeding its hard cap, and received strong support from both existing and new institutional investors, which include a diverse and global investor base of prominent institutions comprised of asset managers, insurance companies, family offices, university endowments, consultants, public and private pensions and charitable organizations.

The Ropes & Gray team includes asset management partners Chidi Oteh, Debra Lussier and Alyssa Horton, and tax partner Jim Brown.