Ropes & Gray Advised Alpinvest On $3.2 Billion Fund Close

Ropes & Gray Advised Alpinvest On $3.2 Billion Fund Close

Ropes & Gray LLP advised AlpInvest, a leading global private equity investor and a subsidiary of Carlyle, on the closing of AlpInvest Strategic Portfolio Finance Fund II (ASPF II) at $3.2 billion. The fund close was announced on April 7, 2025

AlpInvest is a leading global private equity investor and subsidiary of Carlyle.

Inclusive of parallel SMAs and co-investments, the size of the program exceeds its initial target and more than triples the size of its prior program, ASPF I. Including the simultaneous closing of multiple Senior Portfolio Lending mandates and co-investments, which invest in investment grade Portfolio Financings, total new capital raised for AlpInvest’s Portfolio Finance platform exceeds $4 billion.

The Ropes & Gray team included team was led by Lindsey Goldstein (Partner), Marc Biamonte ( Partner), Joel Wattenbarger (Partner) and Nicole Krea (Partner) with support from Adam Greenwood (Tax Partner), Dan Kolb (Tax Partner), Patricia Lynch (Finance Partner) and Patricia Teixeira (Finance Partner).

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.