Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Foley says it advised Iron Path Capital on its $450 million second fund
Foley said it advised Iron Path Capital on forming and closing Fund II with $450 million in commitments. The firm said the fund was oversubscribed, exceeded its hard cap and completed fundraising within five months, with commitments from both existing and new limited partners.
Key points
- Foley said Iron Path targets lower-middle-market companies in specialty industrials and healthcare.Foley
- The firm said investment areas include specialty chemicals, engineered products and technical services.Foley
- Foley said Stephen Meli led its fund formation team.Foley
- The firm said John Stern supported tax work and Matthew An supported fund finance.Foley