Ropes & Gray Advises Cyprium Partners on its Fifth Fund

In The News
April 22, 2020

A Ropes & Gray team advised Cyprium Investment Partners on its fifth fund. The fund announced its final closing with $445 million of committed capital on April 22. Limited partner support of the fund included asset managers, pension funds, and family offices, many of which have been with the group for two decades.  

Cyprium Partners is a private equity and mezzanine firm focused on non-controlling investments in profitable middle-market companies, allowing company owners and their management teams to retain a controlling interest in their businesses. 

Cyprium anticipates a growing need from non-sponsored companies looking to refinance, respond to strategic acquisitions, and expand as the competitive landscape evolves and the economy begins a path toward recovery. The recent closing of Fund V arms the Cyprium team with the capital that will be critical to support the balance sheets and capital needs of lower middle-market companies as the market recovers.

Asset management partner Marc Biamonte led the Ropes & Gray team, which included asset management associates Young Sik Yoon, Jennifer Geffner, and tax associate Denise Sohn.