Akin Gump Advises Crossplane Capital in PE Investment Fund
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(Dallas) – Akin Gump is pleased to announce that it represented Crossplane Capital in the first and final closing of its second private equity investment fund, Crossplane Capital Fund II, L.P., above its $325 million target.
With the closing of Fund II, Crossplane has raised over $730 million since its founding in 2018, including co-investment vehicles. Fund II will continue to target lower middle market industrial companies that are family and founder owned and seeking an operational and financial partner or that are going through a complex situation such as a carve-out or a restructuring.
Learn more about the transaction here.
The Akin Gump team advising Crossplane was led by investment management partner James Deeken and included counsel Stuart Alter and Graham McCall and associate Abby Segodnia.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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