Vedder Price is pleased to announce that it served as legal advisor to L Squared Capital Partners in the closing of its fourth private equity fund for $840 million.

The new fund, Fund IV, will focus on investing in L Squared's core focus areas of education technology, tech-enabled services and software, and industrial technology and services.

The fund received strong support from existing L Squared investors, and was supplemented by several high-quality limited investors as well. Additionally, L Squared currently manages 10 platform investments across its three predecessor funds and plans to add eight to 10 new platform investments within the fourth fund. 

Key members of the Vedder Price advising team were President and CEO Michael A. Nemeroff, Shareholders Cody Vitello and Matthew Larvick and Associate Laure Sguario.