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Roark finalizes USD. 6.5bn fundraise for 2 newest funds

Nov 06, 2018 - Banking and Credit News

Atlanta-based private equity firm Roark has announced it has raised USD 6.5 billion, completing fundraising for its two newest funds, Roark Capital Partners V LP and Roark Capital Partners II Sidecar LP, the company said.

Fund V, Roark's main fund, targeted USD 4 billion and closed on USD 5 billion of capital commitments. The Sidecar Fund targeted USD 1 billion and closed on USD 1.5 billion of capital commitments alongside the main fund.

Credit Suisse Securities (USA) LLC acted as ...