Latham & Watkins Advises Encore on US$350 Million Fund Formation
Encore Consumer Capital (Encore), a private equity investment firm focused on the consumer staples industry, announced that it has closed Encore Consumer Capital Fund V LP with US$350 million of LP commitments. Encore V was substantially oversubscribed, and the fundraise was completed in less than five months. Investors include a diverse group of institutions comprising endowments, foundations, pension plans, family offices, and financial institutions.
Latham & Watkins LLP represented Encore in the fund formation with an Investment Funds team led by New York partner Matthew Chase, with associates Benjamin Hoekstra and Zafreen Siddiquee. Advice was provided on tax matters by New York partner Gregory Hannibal and New York counsel Lauren Bewley, with associate Roxanna Abdoli, and on funds regulatory matters by Chicago partners Laura Ferrell and Jennifer Tian, with associate Haley Hohensee.