TowerBrook Completes $5.3 Billion Fundraise for Two Funds

Paul, Weiss advised TowerBrook Capital Partners in the fundraise of two new funds: TowerBrook V, its latest private equity flagship fund; and TowerBrook Structured Opportunities II, its second structured opportunities fund. TowerBrook raised an aggregate total of $5.3 billion, with both funds exceeding their initial targets and closing at the hard caps negotiated with investors. TowerBrook V closed with $4.25 billion of commitments and TSO II closed with $1.05 billion of commitments. The successful final close comes less than 5 months after both fundraisings were launched in January 2018. TowerBrook is an investment management firm headquartered in London and New York City.

The Paul, Weiss team included corporate partners Amran Hussein and Marco Masotti and counsel Lindsey Wiersma; tax partner David Mayo; and employee benefits partner Robert Fleder and counsel Jason Ertel.