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. The Fund received strong support from a diverse group of institutional investors across North America, Europe and Asia. 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. Atlantic-Pacific Capital served as a placement agent on this fundraise.
“Reverence is a highly respected firm with deep expertise and prior success within the financial services sector. It was a pleasure collaborating with their team and we are very pleased that institutional investors recognized Reverence’s differentiated approach to financial services,” commented Raed Elkhatib, President & CEO of Atlantic-Pacific.
Milton Berlinski, Co-Founder and Managing Partner of Reverence, further stated, “Atlantic-Pacific did a good job in helping to expand our LP base and further raise global awareness of Reverence. We are very pleased and grateful for the support from our highly respected limited partners.”
About Reverence Capital Partners (www.reverencecapital.com)
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, after distinguished careers advising and investing in a broad array of financial services businesses. The Partners collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors.
About Atlantic-Pacific (www.apcap.com)
Atlantic-Pacific, Member FINRA and SIPC, is one of the largest privately owned global placement and advisory firms dedicated to raising capital for alternative investments. 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. Typical mandates include private equity, private credit, real estate and real assets fund placements. Atlantic-Pacific uniquely provides global marketing distribution and project management execution using a focused and customized approach. With experienced professionals located in New York, Stamford, Chicago, Atlanta, London and Hong Kong, Atlantic-Pacific maintains a global network of trusted relationships with influential institutional investors.