January 31, 2022
OceanSound Partners Closes Its First Private Equity Fund
Practices & Industries
As reported in The Wall Street Journal and other publications, Paul, Weiss advised OceanSound Partners in connection with its debut fund, OceanSound Partners Fund LP, with $780 million in commitments, substantially above the fund’s target of $550 million. Private equity firm OceanSound Partners was founded by Joe Benavides, formerly of Veritas Capital, to invest in companies providing technology and technology-enabled services to businesses and government customers.
The Paul, Weiss team included corporate partners Marco Masotti and Lindsey Wiersma and counsel Philip Heimowitz; tax partner David Mayo; and executive compensation counsel Jake Glazeski.
