Castanea Partners Completes Successful Fundraising for Fund IV
Ropes & Gray advised Boston-based private equity firm Castanea Partners, on the fundraising of its fourth fund, Castanea Partners Fund IV, LP, which closed Oct. 3 with $600 million in capital commitments. Fund IV’s investors comprise a diverse group of leading institutional investors, including endowments, family offices, and pension funds. Castanea Partners focuses on investing in small to middle market companies in branded consumer products and services.
The Ropes & Gray team included private investment funds partner John Ayer, tax partners Amanda Holt and Brett Robbins, corporate associate Joseph Povec, private investment funds associate Alyssa Clough Horton (all of Boston) and tax associate Sarah Hertzog (Washington, D.C.).