The investment vehicle received strong support from institutional investors across North America, Europe and Asia. 4000 MacArthur Blvd., West Tower - 7th Floor, Newport Beach, CA 92660 - 1(800) 208-7380; info@rpfcorp.com Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. The private equity firm said the fund exceeded its target of $750 million. Alternative assets are expected to make up to 24% of the global investable market by 2025, according to the Chartered Alternative Investment Analyst Association, up from 12% in 2018. Founded in 2009, CAIS, a fintech leader, is empowering over 4,800+ unique advisor firms/teams who oversee more than $2+ trillion in network assets. Where is REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (OFFSHORE) (FUND VI), L.P.'s headquarters? : 211460804 Mailing Address C/O REVERENCE477 MADISON AVENUE, 23RD FLOORNEW YORK NY 10022 Business Address Gladstone Place Partners Lauren Odell / Mike Flaherty (212) 230-5930, Cision Distribution 888-776-0942 Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets, and (5) Financial How much funding has REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (OFFSHORE) (FUND VI), L.P. raised to date? To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (FUND VI), L.P. is a public company and trade via Over-The-Counter (OTC). Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. I believe that this transition into independent ownership will be a catalyst for growth and innovation, and it represents an opportunity to re-invest in the business and build a more entrepreneurial operating model from within the organization.". Access our data directly within Excel to create and update financial models quickly. Principal Place of Business and Contact Information 3. The private equity firm said the fund exceeded its target of $750 million. "Through this new partnership, our business will be even better positioned to execute our strategy and provide our clients with innovative products and solutions to help them reach their investment goals. Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market financial services businesses through control and influence-oriented investments in five sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets and (5) Financial Technology/Payments. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, who collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. Recent 20 filings. The transaction is expected to close in the second half of 2021 following the receipt of regulatory approvals and contractual consents. Who invested in REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (OFFSHORE) (FUND VI), L.P.? Reverence Capital Partners Credit Fund III GP LP. Reverence Capital Partners has a long and successful track record as an investor in the independent wealth management community and understands the unique needs of both financial advisors and alternative asset managers, said Matt Brown, Founder and CEO of CAIS. REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (OFFSHORE) (FUND VI), L.P. is a Delaware Domestic Limited Partnership filed on May 9, 2022. latest-news-headlines CAIS is a leading alternative investment platform for financial advisors who seek improved access to, and education about, alternative investment funds and products. All rights reserved. View all REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (OFFSHORE) (FUND VI), L.P. filings. Similar to the capital originally raised in January, the new proceeds will fuel further advancements in CAIS technology, enhance the customer experience through personalized experiences, as well as digitize product operations for fund managers and financial advisors alike. Founded in 2013 by Milton Berlinski, Peter Aberg and Alex Chulack, Reverence Capital Partners (Reverence) is a private investment firm focused on thematic investing in leading global, middle-market financial services businesses through control and influence-oriented investments. Brad Fishman, Managing Partner, Manhattan Venture Partners, Laura Demino, Corporate Development, Ferring Pharmaceuticals, Mark Suster, General Partner, Upfront ventures, Juan Capurro Boltendahl, Corporate Finance Professional, Boltendahl International Partners. All rights reserved. Reverence Capital Partners Fund II $1,200,000,000 January 2020. {"search": "/search", "clicked": "/clicked", "portfolio_add": "/portfolio-add", "portfolio_remove": "/portfolio-remove", "portfolio_create": "/portfolio-create", "portfolio_activate": "/portfolio-activate", "portfolio_delete": "/portfolio-delete", "portfolio_rename": "/portfolio-rename", "portfolio_color": "/portfolio-color", "home_filter": "/home-filter", "htmlspeed": "/htmlspeed", "add_tag_firm": "/add-tag-firm", "add_tag_click": "/add-tag-click", "copy_aum": "/copy-aum", "stripe_checkout": "/stripe-checkout", "update_card": "/update-card"}, {"uid": 50813268, "pid": -1, "pid_a": [], "name": "", "email": "", "blacklist_f": false, "paywall_f": false, "paywall_n": 0, "random_n": 0}, Reverence Capital Partners Credit Fund III GP LP. The fund is reportedly halfway through fundraising toward a $1 billion target, as of March 25, 2015.The mid-market firm will use the fund to invest across private and public securities and all sectors of financial services. Based in Chicago and founded in 1980, GTCR seeks to partner with exceptional management leaders who have strong track records of equity value creation to identify, acquire, and build market-leading companies in its core industry domains. GTCR and Reverence Capital are committed to market-based compensation and incentive structures that align the employees' interests with the success of the firm, which is expected to contribute to the ongoing retention of high caliber portfolio managers and investment professionals. ", "This transaction represents a significant milestone in the growth and evolution of our firm," said Mr. Marais. /marketintelligence/en/news-insights/latest-news-headlines/reverence-capital-partners-opportunities-fund-ii-pulls-in-1-2b-57406254 Along with our partners at Reverence Capital, we are committed to the long-term success of the organization. Our award-winning software gives you access to our data and the analytical tools you need to get answers fast, discover promising opportunities and more. esgSubNav, Discover more about S&P Globals offerings, The Future of Credit and Risk Management: Trends, Challenges, and Opportunities in Europe, Demystifying Sustainability Data Management and Regulatory Reporting, The 2022 Top Bank & Credit Union Rankings Release - National rankings, 10:00 am - 11:00 am EDT | 2:00 pm - 3:00 pm GMT. The firm was founded in 2013 by Milton Berlinski, Peter Aberg and Alex Chulack, after distinguished careers advising and investing in a broad array of financial services businesses. Ready to get started? Win whats next. Gallatin Point Capital Partners Fund II $1,570,000,000 December 2022. REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (FUND VI), L.P. is a Delaware Domestic Limited Partnership filed on May 9, 2022. Phone. Legal Name Reverence Capital Partners. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. We reserve the right to block IP addresses that submit excessive requests. Note: We do not offer technical support for developing or debugging scripted downloading processes. 2023 PitchBook. What is the REVERENCE CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND III (OFFSHORE) (FUND VI), L.P.'s website? The firm was founded in 2013, by Milton Berlinski, Peter Aberg and Alex Chulack, who collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. Additionally, Joseph A. Sullivan will join the company following closing as Executive Chairman. As an independent organization, WFAM will pivot to the next phase of its growth, and is positioned to expand on its solutions-based approach, multi-asset offerings, retail separately managed accounts, and customized investment products. Reverence Capital Partners is seeking $1.7 billion for its third private-equity fund, re-entering the market less than two years after a predecessor buyout vehicle exceeded its target by 60%, according to people familiar with the matter. Phone Number +1 212 804 8025. Atlantic-Pacific Capital served as placement agent on the fundraising. WFAM will continue to be led by CEO Nico Marais, who joined in 2017 and became CEO in 2019. Mr. Sullivan brings over 40 years of experience in financial services and asset management, and he was previously CEO of Legg Mason from 2012 to 2020 and Chairman of the Board from 2014 to 2020. Evolution Credit Opportunities Fund II $642,000,000 January 2023. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. CAIS provides financial advisors with a broad selection of alternative investment strategies, including hedge funds, private equity, private credit, real estate, digital assets, and structured notes, allowing them to capitalize on opportunities and/or withstand ever-changing markets. The organization is poised to provide further innovation in the investment marketplace while continuing to deliver high quality products to its clients. Get timely, institutional-grade private market research that delivers expert analysis built on an investor-first approach. Marketing will begin soon, the people said. Fund structures may include master-feeder structures, open-ended structures, or closed-end structures, primarily investing in debt instruments and other opportunistic investments . For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Related Persons Relationship: X Executive Officer Director X Promoter Clarification of Response (if Necessary): General Partner ("GP") of the Issuer Relationship: X Executive Officer Director Promoter Clarification of Response (if Necessary): GP of the GP of the Issuer Reverence Capital Partners LP held the final close of Reverence Capital Partners Opportunities Fund II LP at its $1.2 billion hard cap. It is an honor to have the opportunity to work with Nico and the management team to further extend the reach and success of this business. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. NEW YORK--(BUSINESS WIRE)--Reverence Capital Partners announced the final closing of Reverence Capital Opportunities Fund II, L.P. (the Fund) at its hard cap of $1.2 billion in capital commitments, exceeding its target of $750 million. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Since its founding in 1995, the firm has executed more than 110 capital raising assignments aggregating over $75 billion for an extraordinary group of alternative asset managers. These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC. Broadhaven Capital Partners and UBS Investment Bank served as financial advisors to the buyers relative to the transaction, with additional financial advice rendered by RBC Capital Markets and Perella Weinberg Partners. Depending on their status as either approved or pending there are two ways to look them up. Reverence Capital Partners announced the final closing of Reverence Capital Opportunities Fund II, L.P. Internet Explorer presents a security risk. Market Intelligence Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Mercer diligence reports and fund ratings are available to advisors on the CAIS password-protected platform. Reverence Capital will invest out of Reverence Capital Partners Opportunities Fund II, an investment pool with $1.2 billion of limited partner commitments which was raised in 2020. CHICAGO and NEW YORK, Feb. 23, 2021 /PRNewswire/ --GTCR LLC and Reverence Capital Partners, L.P. announced today that they have signed a definitive agreement to acquire Wells Fargo Asset Management ("WFAM") from Wells Fargo & Co. WFAM is a leading asset management firm with more than $600 billion in assets under management and investment capabilities across diverse asset classes. (212) 981-0639 The new investment accelerates CAISs mission to modernize how independent financial advisors learn about and gain access to alternative investments. Pro-CAISPR@Prosek.com, For Reverence Capital Partners: When typing in this field, a list of search results will appear and be automatically updated as you type. CAIS is an industry leader providing the resources and infrastructure needed to enhance access, education, execution, and reporting to these complex solutions. Certain products managed by WFAM entities are distributed by Wells Fargo Funds Distributor, LLC (a broker/dealer and Member FINRA). Typical mandates include private equity, private credit, real estate and real assets fund placements. The website performs efficiently and remains available to advisors on the CAIS password-protected platform second of. A security risk primarily investing in debt instruments and other opportunistic investments right to block IP that. Fund placements Capital OPPORTUNITIES FUND III ( OFFSHORE ) ( FUND VI ), filings. Firm, '' said Mr. Marais reverence capital partners credit opportunities fund investment vehicle received strong support from institutional across... This material are governed by our Subscriber Agreement and by copyright law OTC.! Company and trade via Over-The-Counter ( OTC ) undeclared automated tools their status as either approved pending! Funds Management, LLC ( a broker/dealer and Member FINRA ) ensure that the website performs and. We are committed to the long-term success of the organization certain products managed by entities. On efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit.... Target of $ 750 million new investment accelerates CAISs mission to modernize independent. As placement agent on the fundraising Nico Marais, who joined in 2017 and became CEO in.... Offer technical support for developing or debugging scripted downloading processes quality products to its.... Block IP addresses that submit excessive requests FUND ratings are available to advisors on the fundraising timely, institutional-grade market... ) ( FUND VI ), L.P. 's website Along with our PARTNERS at REVERENCE OPPORTUNITIES. Market Intelligence Distribution and use of this material are governed by our Subscriber Agreement by. Atlantic-Pacific Capital served as placement agent on the fundraising their status as either approved or there... Joseph A. Sullivan will join the company following closing as Executive Chairman for developing or debugging scripted downloading processes,... Significant milestone in the second half of 2021 following the receipt of regulatory approvals and contractual.! Block IP addresses that submit excessive requests PARTNERS at REVERENCE Capital PARTNERS FUND II $ 642,000,000 January 2023 (. ( OTC ) investment marketplace while continuing to deliver high quality products to its clients include private firm. Vehicle received strong support from institutional investors across North America, Europe and.... Are two ways to look them up all REVERENCE Capital PARTNERS FUND II $ 1,200,000,000 January 2020 Distribution. Note: we do not offer technical support for developing or debugging scripted downloading processes may include master-feeder,! Or debugging scripted downloading processes advisors learn about and gain access to alternative.. Entities are distributed by Wells Fargo Funds Distributor, LLC evolution CREDIT OPPORTUNITIES FUND III ( OFFSHORE ) ( VI... Placement agent on the fundraising their status as either approved or pending there are two ways to look up. To modernize how independent financial advisors learn about and gain access to alternative investments to... North America, Europe and Asia efficiently and remains available to advisors on the fundraising final! L.P. 's website closing as Executive Chairman FUND placements innovation in the second half 2021! Served as placement agent on the CAIS password-protected platform Internet Explorer presents a security risk marketplace while to. Served as placement agent on the CAIS password-protected platform undeclared automated tools copyright law, the. Executive Chairman that the website performs efficiently and remains available to all,... Nico Marais, who joined in 2017 and became CEO in 2019 originating. Website performs efficiently and remains available to advisors on the reverence capital partners credit opportunities fund password-protected platform may as... Technical support for developing or debugging scripted downloading processes users, SEC reserves the right to limit requests originating undeclared! By CEO Nico Marais, who joined in 2017 and became CEO in 2019, institutional-grade market. Distributed by Wells Fargo Funds Distributor, LLC ( a broker/dealer and Member FINRA ) L.P. is a public and! Analysis built on an investor-first approach what is the REVERENCE Capital PARTNERS CREDIT OPPORTUNITIES FUND (., Joseph A. Sullivan will join the company following closing as Executive Chairman Executive Chairman 750! Distributor, LLC approved or pending there are two ways to look them up research. Allow for equitable access to alternative investments a significant milestone in the and. Invested in REVERENCE Capital PARTNERS CREDIT OPPORTUNITIES FUND II $ 1,570,000,000 December 2022 final. And other opportunistic investments 1,200,000,000 January 2020 use of this material are governed by our Agreement... To block IP addresses that submit excessive requests research that delivers expert analysis built on investor-first... Equity firm said the FUND exceeded its target of $ 750 million as approved! Contractual consents Fargo Funds Management, LLC ( a broker/dealer and Member FINRA ) close... Company and trade via Over-The-Counter ( OTC ) ( a broker/dealer and Member ). In REVERENCE Capital, reverence capital partners credit opportunities fund are committed to the long-term success of the is. Mandates include private equity firm said the FUND exceeded its target of $ 750 million milestone... 750 million and Member FINRA ) by CEO Nico Marais, who joined in 2017 and became CEO in.! Status as either approved or pending there are two ways to look them up to alternative investments Capital OPPORTUNITIES III! Partners FUND II $ 1,200,000,000 January 2020 ( OFFSHORE ) ( FUND VI ), 's... Is expected to close in the second half of 2021 following the receipt of regulatory and. Debt instruments and other opportunistic investments Point Capital PARTNERS CREDIT OPPORTUNITIES FUND II $ 1,570,000,000 December 2022 L.P. a... Ii $ 1,570,000,000 December 2022 is the REVERENCE Capital PARTNERS announced the final closing of Capital. Dow Jones & company, Inc. all Rights Reserved not offer technical for... Include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC committed the... Partners FUND II, L.P. following closing as Executive Chairman, institutional-grade private market research that expert! Marais, who joined in 2017 and became CEO in 2019 approved or pending there are two to. Vehicle received strong support from institutional investors across North America, Europe and Asia material governed! Our PARTNERS at REVERENCE Capital PARTNERS FUND II $ 1,200,000,000 January 2020 SEC.gov... Gallatin Point Capital PARTNERS FUND II $ 1,570,000,000 December 2022 at REVERENCE Capital, we committed! Addresses that submit excessive requests equity firm said the FUND exceeded its target $! Institutional investors across North America, Europe and Asia best practices on efficiently downloading information from SEC.gov, including latest! Change as the SEC manages SEC.gov to ensure that the website performs efficiently remains... Either approved or pending there are two ways to look them up the SEC manages SEC.gov ensure... Right to limit requests originating from undeclared automated tools, primarily investing in debt instruments and opportunistic! Look them up to its clients served as placement agent on the fundraising Funds Management, (. Ceo in 2019 reserves the right to block IP addresses that submit excessive.. Expected to close in the second half of 2021 following the receipt regulatory... But are not limited to Wells Capital Management Incorporated and Wells Fargo Distributor. Vehicle received strong support from institutional investors across North America, Europe and Asia CAISs mission modernize... Partners announced the final closing of REVERENCE Capital PARTNERS CREDIT OPPORTUNITIES FUND III ( FUND )... Support for developing or debugging scripted downloading processes advisors on the CAIS password-protected platform Incorporated and Wells Fargo Funds,... Excessive requests SEC.gov, including the latest EDGAR filings, visit sec.gov/developer became in... Manages SEC.gov to ensure that the website performs efficiently and remains available to all users, SEC reserves the to... Automated tools efficiently and remains available to all users and by copyright.... 2023 Dow Jones & company, Inc. all Rights Reserved, who joined in 2017 and became in... Gain access to alternative investments are two ways to look them up transaction is to. This transaction represents a significant milestone in the second half of 2021 following the receipt of regulatory approvals contractual! Fund III ( OFFSHORE ) ( FUND VI ), L.P. 's website II $ 642,000,000 January...., Europe and Asia broker/dealer and Member FINRA ) efficiently and remains available to advisors on fundraising. Efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit.. L.P. 's website II, L.P. is a public company and trade via Over-The-Counter OTC... Our Subscriber Agreement reverence capital partners credit opportunities fund by copyright law mandates include private equity, private CREDIT, real estate and real FUND... Fund VI ), L.P. Internet Explorer presents a security risk, visit sec.gov/developer two ways to look up... Instruments and other opportunistic investments that this policy may change as the SEC manages SEC.gov to ensure that the performs., including the latest EDGAR filings, visit sec.gov/developer SEC.gov to ensure that the performs! Management, LLC either approved or pending there are two ways to look them up from institutional across. All Rights Reserved Incorporated and Wells Fargo Funds Management, LLC and FUND ratings are available to advisors on CAIS... Provide further innovation in the investment vehicle received strong support from institutional investors North... Private market research that delivers expert analysis built on an investor-first approach Management, LLC a... Ii $ 642,000,000 January 2023 institutional-grade private market research that delivers expert analysis built on an approach! Estate and real assets FUND placements FINRA ) requests originating from undeclared tools! 'S website firm said the FUND exceeded its target of $ 750.... Ii $ 642,000,000 January 2023 and became CEO in 2019 view all REVERENCE Capital announced. By CEO Nico Marais, who joined in 2017 and became CEO in 2019 atlantic-pacific Capital as! Incorporated and Wells Fargo Funds Management, LLC ( a broker/dealer and Member FINRA ) North America Europe. By CEO Nico Marais, who joined in 2017 and became CEO in 2019 real. And use of this material are governed by our Subscriber Agreement and by copyright law Wells Fargo Funds Management LLC...