BOSTON, October 1, 2026 – Proskauer advised Princeton Equity Group (“Princeton”) on the first and final closing of Princeton Equity Partners III (“Fund III”), with $1.3 billion in total commitments. Fund III was oversubscribed and will continue Princeton’s strategy of partnering with leading franchisor and multi-location businesses.

The Proskauer team was led by partner Brian Schwartz (Private Funds) and included associates Blake Rowe, Hannah Carlson, and Christopher Thomas (Private Funds); partner Scott Jones and associates Michael Shelton and Julia Sullivan (Tax); partner Adam Scoll (ERISA); and partners Nathan Schuur, Robert Sutton, and John Verwey (Regulatory).

About Proskauer

Proskauer is an elite global law firm with more than 900 lawyers in key financial centers in the United States, Europe, South America, and Asia. Our clients include many of the world’s leading businesses, including asset managers, banks, listed corporations, and private companies. We have deep expertise in several of the fastest-growing and dynamic segments of the market, including sports, technology, life sciences, and health care. We represent hundreds of asset managers across a wide spectrum of sectors and strategies, including private equity, private credit, hedge, real assets, secondaries, and capital solutions.

Proskauer offers a full suite of services for the investment management industry, with a market-leading global team dedicated solely to advising investment funds, including private equity, venture, credit, hedge, real assets, and secondaries funds, as well as other asset managers, financial institutions, and institutional investors. The cross-border team of over 250 lawyers is based in the U.S., UK, France, and Latin America and includes specialists in fund formation, secondaries transactions and liquidity solutions, tax, ERISA, regulation, financial services, capital markets, M&A, employment, insurance, fund finance, litigation, and risk management who understand the unique technical and commercial issues relevant to investment managers.