Roark Capital Raises $1B For 2nd Private Equity Fund

Feb 4 2008 | 3:20pm ET


Roark Capital Group, an Atlanta-based private equity firm, has closed its second institutional p.e. fund, Roark Capital Partners II, with $1 billion of equity commitments.

Roark’s first institutional offering, raised in March 2005, has $413 million of equity commitments.

Roark focuses on consumer and business service companies with attractive growth prospects and revenues ranging from $20 million to $1 billion. Its specific areas of focus include franchising, food and restaurants, specialty retail, direct marketing and financial services companies.

“We are extremely pleased with the support received from our existing and new investors,” said Neal Aronson, managing partner of Roark Capital Group. “The new fund will allow us to continue our strategy of investing in consumer and business service companies with outstanding management teams and strong growth prospects.”


In Depth

Q&A: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note