Freeman Spogli & Co. Closes Eighth Private Equity Fund, at $1.85 Billion
Summary
Freeman Spogli & Co., a Los Angeles, CA- and NYC-based middle market private equity firm, closed FS Equity Partners VIII, L.P., at $1.85 billion. Commitments to Fund VIII, the successor fund to FS Equity Partners VII, L.P., which closed on total commitments of $1.3 billion, came from a diverse group of public and private pension funds, insurance companies, endowments, foundations, financial institutions and family offices. The firm seeks to invest in companies with: – differentiated business models, – defensible market positions, – strong foundations for growth, – attractive free cash flow characteristics, – experienced operators, and – opportunities for investment in strategic value creation initiatives and operating enhancements. The team includes: – Bradford M. Freeman, Co-Chairman – Ronald P. Spogli, Co-Chairman – John M. Roth, Chief Executive Officer – Jon D. Ralph, President and Chief Operating Officer – Brad J. Brutocao, Partner – Benjamin D. Geiger, Partner – Todd W. Halloran, Partner – Jordan A. Hathaway, Partner – John S. Hwang, Partner – Christian B. Johnson, Partner – J. Frederick Simmons, Partner – Sara J. Gilson, Vice President – Brendan D. Motz, Vice President – Juan R. Pita, Vice President – Shannon A. Vonk, Vice President – Anthony I. Biegel, Senior Associate – Rayhaan Charania, Senior Associate – Robert C. Lewis, Senior Associate – Dennis M. McCarthy, Senior Associate – Matthew P. Allen, Associate – Kellie E. Barranco, Associate – Joseph Z. Malhas, Associate – Taylor A. Peck, Associate – Lou A. Losorelli, Chief Financial Officer – William M. Wardlaw, Chief Compliance Officer – Annie J. Park, Fund Accounting and Financial Reporting Manager – Betty Sheets, Senior Advisor