Fund Holds Final Closing on $558 Million in Total Capital Commitments
BOSTON, January 15, 2025 – Leading international law firm Proskauer today announced that it advised longtime client Glouston Capital Partners ("GCP"), a Boston-based independent private equity manager, on the launch of its seventh flagship secondaries fund, Glouston Private Equity Opportunities VII ("the Fund"). The Fund and its affiliated vehicles exceeded its $450 million target with aggregate commitments totaling $558 million. This is GCP's largest-ever fundraise for its secondaries strategy.
The Proskauer team advising GCP was led by partners Lou Sorgi, Howard Beber and Scott Jones (Private Funds) and managing partner Ira Bogner (EBEC). It also included associates Kyle Litfin, Eddie Guers, Chris Marano and Alondra Munoz (Private Funds).