Ropes & Gray’s Representation of Nordic Capital on €4.3bn Fundraising Widely Noted in Media
WSJ Pro Private Equity, Private Equity News, Private Equity Wire, Law360, The Deal, AltFi, Real Deals and Global Legal Chronicle cover Ropes & Gray’s representation of Nordic Capital, a leading private equity investor, on the successful closing of its ninth fund. The oversubscribed fund, which raised €4.3 billion, exceeded its €3.5 billion target by 23 percent in seven months. “The success of this fundraising demonstrates both Nordic Capital’s long-standing quality reputation and the continuing attraction of European private equity for investors” stated private investment funds partner Matthew Judd, who led the transaction, in Private Equity Wire and AltFi.
In addition to Mr. Judd, a cross-border team from Ropes & Gray’s London, New York and Boston offices included associate Joshua Cronin, in London, funds associate Rae Shee, finance partner Malcolm Hitching and associate Jack Bodkin all based in London; US tax partner Jay Milkes and associate Denise Sohn, and ERISA counsel Sabrina Glaser, all based in New York; and US funds partner Peter Laybourn and associate Arthur Andersen, both based in Boston.