Angeles Equity Partners Raises $360 Million for First Fund

Munger, Tolles & Olson represented Angeles Equity Partners, LLC in closing its first private equity fund on Jan. 23, 2017 with $360 million in capital commitments. Angeles Equity Partners I, L.P. and its parallel funds (collectively, “AEP I”) was substantially oversubscribed, exceeding its target of $300 million.

AEP I will focus on North American-based companies across a wide range of industrial sectors, specifically targeting businesses which it believes can directly benefit from the firm’s deep expertise in operational transformation and strategic repositioning.

The Munger Tolles attorneys who worked on the transaction are C. David Lee, David B. Goldman and Tim J. Moon.