With the close of Fund II, OceanSound now manages more than $3.7 billion in regulatory assets and oversees nine platform investments.
OceanSound $1.5B Fund : Broad Investor Support
OceanSound Fund II received support from a wide range of limited partners, including pension plans, endowments, family offices, and insurance companies. Nearly all investors from the firm’s inaugural fund returned for the second fund, demonstrating confidence in the firm’s strategy and performance. In addition to the $1.49 billion raised for Fund II, OceanSound has secured more than $2.15 billion in cumulative committed capital through affiliated co-investment vehicles and a single-asset continuation fund.
OceanSound $1.5B Fund : Legal and Financial Advisors
The Paul Weiss team advising OceanSound included partners Marco V. Masotti, Lindsey L. Wiersma, and Andrew C. Day. Their expertise helped OceanSound navigate the complexities of raising its second fund while exceeding its original targets.
