April 26, 2018 (Boston) – International law firm Proskauer advised Nonantum Capital Partners on the closing of its inaugural private equity fund at its hard cap of $350 million in limited partner capital commitments. The fund was approximately $150 million oversubscribed.
Investors in the fund include leading endowments, foundations, family offices, Nonantum’s founders, and more than 20 portfolio company CEOs and industry executives.
Nonantum is a middle market private equity firm that focuses on investing in family businesses, corporate carve-outs and complex situations where opportunities exist to partner with management teams to transform businesses.
The Proskauer team included partners Robin Painter and Howard Beber and associates Stephen Meli, Adam Sussman and Luzia Santos (Private Funds); partner Arnold May and associates Zachary Cloyd and Philip Lenertz (Tax); and senior counsel Adam Scoll (ERISA).
Proskauer offers a full suite of services for the investment management industry, with a market-leading global team dedicated solely to advising asset managers, investment funds and their advisers, financial institutions and institutional investors across the asset class. The cross-border team of over 130 lawyers is based in the U.S., UK, Asia and Latin America and includes specialists in tax, ERISA, regulation, financial services, employment, insurance, fund finance, litigation and risk management who understand the unique technical and commercial issues relevant to investment managers.