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

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR