Ropes & Gray Represents WCAS in Largest PE Fund to Date

In The News
July 14, 2023

Ropes & Gray advised Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on healthcare and technology industries, in the close of WCAS XIV, L.P. (the “Fund”). The Fund closed at over $5 billion of total capital, above both its target and WCAS’s prior fund, WCAS XIII, L.P., which closed at $4 billion. The Fund close was announced on July 12 in a press release.

The Ropes & Gray team that represented WCAS was led by asset management partners Morri Weinberg and Lindsey Goldstein and included asset management partners Nicole Krea and Joel Wattenbarger, and tax partner Jay Milkes.