Boston, March 31, 2022 – Proskauer, a leading international law firm, announced today that it advised Yellow Wood Partners, a Boston-based private equity firm focused on investing in consumer brands and companies, on the closing of Yellow Wood Capital Partners III, L.P., at its target and hard cap of $750 million of limited partner capital commitments. Commitments to Fund III came from a small group of university endowments, family offices and other institutional investors.
Through its new fund, Yellow Wood will continue to partner with management teams to grow and operate brands by applying its Consumer Operating DNA to transform brands and companies into category leaders within the consumer space. Proskauer also served as legal counsel for Yellow Wood’s previous fund, which closed in 2017 with $370 million in limited partner commitments.
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