LOS ANGELES, November 26, 2024 – Proskauer, a leading international law firm, announced today that it advised Transom Capital Group (“Transom”) on the closing of Transom Capital Fund IV. The closing, announced on November 13, 2024, secured $675 million in capital commitments for Fund IV. The fund significantly exceeded its target and is more than double the size of Transom’s previous fund. Investors include endowments and foundations, corporate and public pension plans, insurance companies, funds-of-funds and family offices.
Transom is an operations-focused private equity firm that seeks value-oriented investments in the middle market. Since its founding, the firm has strived to create long-term value by partnering with established businesses and helping them navigate transformative growth.
Proskauer also advised Transom on the closing of $79.5 million in co-investor capital commitments in connection with a portfolio company acquisition by Fund IV, bringing total capital commitments to recent Transom investment vehicles to over $750 million.
The Proskauer team advising Transom was led by partners Don Melamed and Ryan Carpenter and associates James Lacy and Jamison Chung (Private Funds). It also included associates Kristopher Yingling, Michael Singh and Ginny Lee (Private Funds) and partners Aaron Lee and Amanda Nussbaum and associate Thomas Multari (Tax).
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