03 03 2016

Alliance Consumer Growth Fund III LP raises $210 Million Commitment

Kramer Levin client Alliance Consumer Growth, a leading consumer-retail focused private equity firm, announced the first and final closing of Alliance Consumer Growth Fund III LP, with capital commitments totaling $210 million.


The significantly oversubscribed fund will follow the same investment strategy as ACG’s two previous funds, focusing on fast-growing “rising star” brands. ACG has been an early investor in a number of fast-growing companies, including Shake Shack, which subsequently completed an IPO (NYSE: SHAK), and KRAVE Jerky, which was later acquired by The Hershey Company, among others. Alliance Consumer Growth is a private equity and venture capital firm specializing in making growth capital and early stage investments. The Firm, led by Josh Goldin, Julian Steinberg, Trevor Nelson, Angela Yun and Rob La Rue is based in New York. The Kramer Levin team advising ACG included Corporate partner Kevin P. Scanlan (Picture), special counsel Darina F. Delappe and associate Caroline A. Levin, Tax partner Barry Herzog and Employee Benefits partner Christine Lutgens. Involved fees earner: Kevin Scanlan - Kramer Levin Naftalis & Frankel LLP; Darina Delappe - Kramer Levin Naftalis & Frankel LLP; Caroline Levin - Kramer Levin Naftalis & Frankel LLP; Barry Herzog - Kramer Levin Naftalis & Frankel LLP; Christine Lutgens - Kramer Levin Naftalis & Frankel LLP;

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