StepStone Group as lead investor in the $670 million closing of Ampersand Continuation Fund, together with related investment vehicles, formed to acquire the equity interests of three portfolio companies previously held by multiple mature Ampersand funds.
Debevoise & Plimpton LLP has advised StepStone Group, a global private markets investment firm, as lead investor in the Ampersand-sponsored continuation vehicle, Ampersand Continuation Fund ("AMP-CF"), which is oversubscribed and closing at $670 million. AMP-CF was formed to acquire the equity interests of three portfolio companies, Ampersand 2006 Limited Partnership, Ampersand 2011 Limited Partnership and Ampersand 2014 Limited Partnership, previously held by multiple mature Ampersand funds. For more information, please see the company’s press release here
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