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Paul Weiss-Advised PE Shop Clinches Funds Totaling $3.75B
Law360 (April 6, 2021, 12:00 PM EDT) Communications sector-focused private equity firm Grain Management LLC, represented by Paul Weiss Rifkind Wharton & Garrison LLP, has raised a total of $3.75 billion across two funds with plans to target investment opportunities in areas including broadband and 5G networks, the firm said Tuesday.
The Washington, D.C.-based firm s third flagship investment vehicle, Grain Communications Opportunity Fund III LP, closed after amassing $2.25 billion from limited partners after surpassing its original $1.5 billion target, the firm said in a statement. The other fund, billed as Grain Spectrum Holdings III LP, closed above its $1 billion goal, notching $1.5 billion. It will focus.
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BlackRock Hires Paul Weiss To Probe Discrimination Claims
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