Choate advised Frontier Capital on the closing of its significantly oversubscribed Frontier Fund V at $700 million.
This is the fourth consecutive oversubscribed fund raised by Frontier and brings the total capital commitments received since Frontier’s inception in 1999 to $1.5 billion.
Frontier Fund V has the ability to invest $15 million to $75 million per position.
Frontier Capital, LLC is a private equity and venture capital firm specializing in growth equity, mid venture, late venture, later stage, middle market, recapitalizations, expansion capital, and buyouts. For buyouts, it seeks to invest in companies between early-stage and mature stages. The Firm, led by Andrew Lindner, Andrew Lindner, Lori Shell, Joel R. Lanik and Michael Ramich, is based in Charlotte.
The Choate team was led by partner Howard Rosenblum (Picture) and included partner Tim Becker and associate Anthony Cahill.
Law Firms: Choate;
Clients: Frontier Capital LLC;