Foley & Lardner LLP served as fund counsel to Iron Path Capital, an operationally focused private equity firm investing in the specialty industrials and health care sectors, in the formation and closing of Iron Path Capital Fund I.
Iron Path Capital Fund I exceeded its $250 million target with total commitments of $273 million from limited partners consisting of a diverse group of global investors including leading endowments, fund of funds, institutional investors, and family offices.
Iron Path Capital supports its partners with capital, operating expertise, business development, and industry relationships to achieve significant scale, targeting control investments in lower-middle market specialty industrial and health care companies. Iron Path Capital selects companies with stable cash flows, superior management teams, strong performance trajectories, and multiple vectors for growth, both organic and through consolidation, focusing on sectors where the firm has deep expertise and where they can create transformational outcomes with the operational resources of the Full Immersion Operations team (“FIOps™”).
The Foley team was led by partner Stephen Meli and included partner David Makso, senior counsel Christopher Ullman, and associates Nolan Binney, John Fahey, and Michael Hayes.
