Ropes & Gray advised Angelo, Gordon’s Twin Brook Capital Partners on the formation and raise of over $2.75 billion for its third direct lending fund, AG Direct Lending Fund III.

The Ropes & Gray team was led by asset management partner and credit funds initiative leader Jessica O’Mary, and included tax partner Adam Greenwood, asset management counsel Lacy Villanueva, asset management associates Mike Gynn, Ryan Marcus, Shudan Shen and Casey Prusher, tax associates Denise Sohn and Chris Shim, and corporate associates Kyung Paik, Lisa Goodman, and Marilyn Li.

Asset management partner and credit funds initiative leader Jessica O’Mary said:

“We are pleased to have again partnered with market leader Twin Brook on enhancing their direct lending platform.”

Ropes & Gray previously advised Angelo, Gordon’s Twin Brook Capital Partners on their first and second direct lending funds, which raised $1.6 billion and $2.3 billion+ respectively, both led by Jessica O’Mary.