Goodwin Procter advised client JMI Equity, a growth equity firm that invests in leading software, internet, business services and healthcare IT companies, in the closing of JMI Equity Fund VII, L.P., an $875 million fund.
The new fund will invest primarily in North American companies, targeting equity investments of $10 million to $100 million each. Goodwin Procter advised JMI Equity in all aspects of this fund formation.
Rufus King, partner in Goodwin Procter’s Private Investment Funds Group, led the transaction team, with partners Stephen G. Mills counseling on tax issues and Scott A. Webster on ERISA.
