Rachel O’Brien advises first-time and established private fund sponsors on the formation, marketing and management of private equity, growth equity and venture capital funds, funds-of-funds and other private investment vehicles, with a particular focus on middle-market leveraged buyout funds.
Rachel counsels sponsors of all sizes, and across sectors and strategies, on the legal, operational and regulatory challenges they face in a rapidly evolving market. In addition to advising on tens of billions of dollars of fund formation and fundraising matters, she supports clients on a range of compliance, investor relations, management and governance matters, including upper-tier structuring and restructurings, co-investment programs, carried interest arrangements, and executive separation and termination agreements.
Experience
- Hamilton Lane on the formation of Secondary Fund VI, with $5.6 billion in commitments
- Arsenal Capital Partners on multiple fund formations and transactions, including:
- The formation of Arsenal Capital Partners VI, a $4.3 billion fund*
- The formation of Arsenal Capital Partners Growth, a $1.1 billion fund*
- The formation of Arsenal Capital Partners Fund V, a $2.36 billion fund*
- STG on multiple fund formations and transactions, including
- The formation of STG Fund VII, a $4.2 billion fund*
- The formation of Allegro Fund, a $860 million fund*
- The formation of STG Fund VI, a $2 billion fund*
- Sumeru Equity Partners on multiple fund formations and transactions, including:
- The formation of Sumeru Equity Partners Fund IV, a $1.3 billion fund*
- The formation of Sumeru Equity Partners Fund III, a $720 million fund*
- First-time fund sponsor in the formation of its inaugural fund at $875 million*
- Gryphon Investors on multiple fund formations and transactions, including the formation of Gryphon Partners V, a $2.1 billion fund*
*Representations prior to joining Ropes & Gray