One Rock Capital Partners, a private equity firm focused on value and operational excellence, has successfully closed $3.97 billion in capital commitments for two new funds. This includes its flagship fund, One Rock Capital Partners IV, L.P., and the One Rock Emerald Fund, L.P., aimed at the lower middle market.
This marks the firm’s most significant fundraising to date, exceeding its previous fund’s size of $2.01 billion in 2021. With this closing, One Rock now manages over $10 billion in total capital commitments.
One Rock, founded in 2010 by Tony W. Lee and R. Scott Spielvogel, specializes in complex buyouts in North America and Europe. The firm focuses on chemicals, food and beverage, specialty manufacturing, and business and environmental services. Since its founding, One Rock has invested in 67 companies, including platform investments and add-ons.
KEY QUOTES:
“We are deeply grateful for the strong support from our long-standing investors and are honored to welcome a diverse group of new institutional partners from around the world. In a period of significant global uncertainty, we believe our track record of creating value by investing in complex situations in the industrial sectors of the economy continues to resonate within the institutional investor community.”
R. Scott Spielvogel
“Our investors’ support enables us to continue executing the value-oriented and operationally focused strategy that has defined One Rock for over fifteen years. Our approach is designed to be consistent across Fund IV and the Emerald Fund: to leverage the expertise and operational capabilities of our investment team and Operating Partners in identifying compelling opportunities, which are often obscured by complexity, and driving operational improvement in partnership with our portfolio companies. Our strategy remains focused on creating meaningful value at all points in the economic cycle.”
Tony W. Lee
“We believe this milestone reflects the strong endorsement of an investor base diversified by type and geography. We are privileged to have earned support from a mix of public and private pensions, insurance companies, corporates, asset managers, endowments and foundations, and family offices, with six continents represented in our investor base. We’re honored to continue serving as responsible stewards of our investors’ capital in an effort to consistently deliver strong results.”
Managing Director, Head of Investor Relations & Capital Formation, Deepa Patil Madhani
