Cordillera Investment Fund II, L.P.’s $362 Million Fundraising

Ropes & Gray served as fund formation counsel to Cordillera Investment Partners, L.P.

Cordillera Investment Partners, L.P. (“Cordillera”) today announced the final closing of its second fund, Cordillera Investment Fund II, L.P. (“the Fund”), with total commitments of $362 million, bringing the total AUM of the firm to $648 million. The Fund was oversubscribed and capitalized by endowments, foundations, family offices, and wealth advisors.

Cordillera specializes in unique and less correlated investment opportunities in areas that it believes remain inefficient, misunderstood, and not over-capitalized. The firm has completed investments in various areas including in music royalties, international arbitration, permanent crops and water rights, boat marinas, broadband spectrum licenses, commercial litigation finance, and environmental markets. In addition to these areas, Cordillera is also pursuing opportunities in various other differentiated strategies that, in its experience, are not well known to most institutional investors. The firm typically invests directly in these assets alongside an operating partner, but at times will invest through other structures such as a coinvestment or a specialized fund in which it is the founding investor.

Ropes & Gray advised with a team including investment management Partner Raj Marphatia (Picture) tax & benefits partner Brett Robbins, ERISA counsel Sabrina Glaser, investment management counsel Michael Jurasic, senior private investment funds attorney Eli Rosenbaum, tax & benefits associates Ariella Mutchler and Colby Rogers, corporate associate Jianing Zhang, and corporate paralegals Maureen Hennessy, Deliah Moguel and Carolyn Ye.

Involved fees earner: Raj Marphatia – Ropes & Gray; Michael Jurasic – Ropes & Gray; Eli Rosenbaum – Ropes & Gray; Jianing Zhang – Ropes & Gray; Brett Robbins – Ropes & Gray; Ariella Mutchler – Ropes & Gray; Harrison Rogers – Ropes & Gray; Sabrina Glaser – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Cordillera Investment Partners, L.P.;

Author: Ambrogio Visconti