– One Rock Capital Partners announced the final closing of $3.97 billion in aggregate capital commitments.
– The fundraising includes:
▪️One Rock Capital Partners IV, L.P. (Fund IV) – flagship fund.
▪️One Rock Emerald Fund, L.P. – inaugural fund focused on the lower middle market.
– This marks One Rock’s largest fundraise to date, surpassing its 2021 fund which closed at $2.01 billion.
– The firm now manages over $10 billion in cumulative capital commitments.
– Founded in 2010 by Tony W. Lee and R. Scott Spielvogel.
– Focus sectors include:
▪️Chemicals
▪️Food & beverage manufacturing and distribution
▪️Specialty manufacturing
▪️Business & environmental services
– Since inception, One Rock has invested in 67 companies, including platforms and add-ons.
– The firm targets complex buyout opportunities in North America and Europe.
– Strategy is value-oriented and operationally focused, leveraging deep operational expertise.
– The same approach will be applied across both Fund IV and the Emerald Fund.
– The investor base includes public and private pensions, insurance companies, corporates, asset managers, endowments, foundations, and family offices.
– Investors come from six continents, indicating strong global support.
– R. Scott Spielvogel emphasized the firm’s value-creation track record and investor confidence.
– Tony W. Lee highlighted a consistent strategy focused on identifying and improving complex investment opportunities.
– Deepa Patil Madhani, Managing Director, Head of Investor Relations & Capital Formation, described the milestone as a reflection of a diversified and supportive investor base.