Ropes & Gray Advises Trive Capital on $2.7 Billion Fund

Ropes & Gray advised Trive Capital, a Dallas-based private equity firm, on the final close of Trive Capital Fund V, LP (“Fund V”) with total commitments of $2.7 billion, exceeding its target of $2.5 billion. The fund close was announced in a press release on April 3.

Consistent with Trive's history for over a decade, Fund V will continue to invest in middle-market companies with a sector-agnostic but situation-specific approach. The Fund aims to create value through a hands-on operational approach.

The Ropes & Gray team included asset management partners Jessica Marlin and Marc Biamonte and counsel Casey Burns White, employment, executive compensation and employee benefits partner Sharon Remmer, tax partner Jim Brown and finance partner Patricia Teixeira.