Ropes & Gray Advised Bain Capital in Strategic Growth Investment in RQD* Clearing

In The News
September 4, 2026

Ropes & Gray represented Bain Capital Tech Opportunities as the lead investor in RQD* Clearing’s $74 million minority growth investment. RQD* is a clearing and custody firm providing the infrastructure that broker-dealers, RIAs, and foreign financial institutions need to access U.S. markets. The investment was announced on Aug. 27.

Founded in 1984, Bain Capital is one of the world’s leading private investment firms with 24 offices on four continents, more than 1,950 employees, and approximately $225 billion in assets under management. Bain Capital’s Tech Opportunities business aims to help growing technology companies reach their full potential.

The team was led by private capital transactions partner Elizabeth Gallucci and associate Andrea Daley and included private capital transactions partner Charlie Boer, asset management partner Brynn Rail, employment, executive compensation & benefits partner Renata Ferrari, IP transactions counsel Giancarlo Lee, and asset management associate Nathan McGuire.