B Capital Fund, L.P.’s $360 Million Fundraising


Ropes & Gray provided legal counsel to B Capital Group in the recent fundraise of B Capital Fund, L.P., the firm’s maiden fund.

The fund announced its final close on Feb, 8 at $360 million, substantially exceeding its original target.

B Capital Group is a global venture capital firm that invests in groundbreaking healthcare, fintech, industrial logistics and consumer enablement companies. B Capital Fund will continue to invest and pioneering companies across these sectors and partner with entrepreneurs.

In partnership with The Boston Consulting Group, B Capital Group, was founded in 2015 by Eduardo Saverin and Raj Ganguly.

The Ropes & Gray team advising on the fund was co-led by private investment funds partners Raj Marphatia (Picture) and Ann Milner, and included private investment funds associates Lindsey Goldstein, Alexandra Fenty, and Kevin Cegan, and tax & benefits associate Tom Spera.

Involved fees earner: Raj Marphatia – Ropes & Gray; Ann Milner – Ropes & Gray; Lindsey Goldstein – Ropes & Gray; Alexandra Fenty – Ropes & Gray; Kevin Cegan – Ropes & Gray; Thomas Spera – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: B Capital Group;

Avatar

Author: Ambrogio Visconti