Genstar Capital’s $7 Billion Buyout Fund Formation

Weil advised Genstar Capital in the formation of its ninth fund, Genstar Capital Partners IX, a $5.5 billion buyout fund focused on investments in the financial services, software, industrial technology, and healthcare industries in North America.

In addition, Genstar has raised committed overage capacity of $1.1 billion from select limited partners. Total capital raised, including Fund IX, the General Partner, affiliated entities, and the overage capacity is approximately $7 billion.

Genstar Capital is a private equity firm focusing on leveraged buyouttransactions in middle-market companies in the United States. Genstar invests primarily in growth industries including life sciences, healthcare services, industrial technology, software and business services.

The Weil team advising Genstar was led by Private Funds partner Andrew Chizzik (Picture) and included Private Funds associates Oliver Prakash-Jenkins, Becki Steinberg, Jessie Lurie, Steven Savoca, Carlin O’Donnell and Caylye Nordling; Tax partner Stanley Ramsay; and Tax associate Soo Jin Kim.

Involved fees earner: Andrew Chizzik – Weil, Gotshal & Manges; Soo Jin Kim – Weil, Gotshal & Manges; Jessica Lurie – Weil, Gotshal & Manges; Caylye Nordling – Weil, Gotshal & Manges; Carlin O’Donnell – Weil, Gotshal & Manges; Oliver Prakash-Jenkins – Weil, Gotshal & Manges; Stanley Ramsay – Weil, Gotshal & Manges; Stephen Savoca – Weil, Gotshal & Manges; Becki Steinberg – Weil, Gotshal & Manges;

Law Firms: Weil, Gotshal & Manges;

Clients: Genstar Capital;

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Author: Ambrogio Visconti