Department profile
Ropes & Gray LLP

Private Equity: Fund Formation

USA Guide 2026 : Massachusetts


Ropes & Gray LLP

Rankings

About

Provided by Ropes & Gray LLP

Ropes & Gray has one of the largest and most sophisticated private investment funds practices, advising both fund sponsors and investors. The size, scope and integration of the sponsor and investor practices – we form and review many hundreds of funds each year – give us unequalled insight into market terms and developments around the world. Our clients benefit from this unsurpassed depth of experience as we provide seasoned advice, practical and innovative solutions, and first-class service.

To learn more about our practice, please visit: https://www.ropesgray.com/practices/private-investment-funds.aspx

Chambers Review

Provided by Chambers

Private Equity: Fund Formation - Massachusetts

Band 1

Band 1


What the Team is Known For

Ropes & Gray LLP is acknowledged as one of the leading providers of private equity expertise in the state. The team offers experience in all manner of funds, including real estate, venture capital and open-end hedge funds. The firm advises global investors and sponsors on a multitude of operational and regulatory compliance issues.

Work Highlights

Provided by Chambers

  • Ropes & Gray LLP Ropes & Gray advised Avista Healthcare Partners on the closing of Avista Healthcare Partners CV II, L.P., a single asset continuation fund totaling $284,892,000 in commitments.

Strengths

Provided by Chambers

  • The Ropes & Gray team manages complex fundraises, frequently balancing conflicting regulatory frameworks across jurisdictions.

    Private Equity: Fund Formation respondentUSA
  • Ropes & Gray does a really good job of creating a client team and keeping that team together, so that we have consistent staffing and the institutional knowledge stays intact.

    Private Equity: Fund Formation respondentUSA
  • The team's depth and breadth is one of the reasons we continually use Ropes & Gray.

    Private Equity: Fund Formation respondentUSA
  • R&G is adept at navigating nuanced fund structures, regulatory requirements, and high-value complex transactions, while providing clear, business-oriented advice that aims to simplify decision-making.

    Private Equity: Fund Formation respondentUSA
  • Ropes & Gray is particularly good in areas where the LPA is gray and the GPs need to exercise judgment. The team is also helpful in working with opposing counsel on the thorny stuff.

    Private Equity: Fund Formation respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 1Peter Laybourn
    Band 1Peter Laybourn

    Peter Laybourn

    Peter Laybourn's structural knowledge of private equity funds informs his market-leading practice, which covers both fund formation and secondary transactions.

    • Peter Laybourn is a giant in the fund formation industry. He is very commercially minded, with an excellent grasp of market practice.

      Private Equity: Fund Formation respondentUSA
    • Peter Laybourn is great; he represents broad swathes of very high-end clients. He's very knowledgeable.

      Private Equity: Fund Formation respondentUSA
  • Band 3Debra Lussier
    Band 3Debra Lussier

    Debra Lussier

    Debra Lussier advises private equity sponsors on the formation of buyout funds and funds focused on real assets.

    • Debra Lussier really knows the market and seeks to provide measured advice. She is really practical and helps us achieve our goals.

      Private Equity: Fund Formation respondentUSA
    • Debra distinguishes herself through her ability to blend deep technical expertise with a highly practical, business-oriented approach. She is proactive in anticipating issues.

      Private Equity: Fund Formation respondentUSA
  • Band 4Laura Hirst
    Band 4Laura Hirst

    Laura Hirst

    Laura Hirst advises clients on a variety of alternative private fund structures, including funds of funds and private credit funds.

    • Laura Hirst is very commercial in the advice she gives. Her advice is valuable as it's practical and she sees the breadth of the market. The advice you get is coming from deep knowledge.

      Private Equity: Fund Formation respondentUSA
    • Laura Hirst brings strong insight into the market. Her advice is clear, practical, and tailored to our needs. We appreciated her market benchmarking and quick insights on regulatory developments.

      Private Equity: Fund Formation respondentUSA

Ranked Individuals at Ropes & Gray LLP (3)

Massachusetts

Members

Provided by Ropes & Gray LLP

Ropes & Gray LLP has rankings in the following guides

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