Roark raises $6.5bn for two funds

The Atlanta-based private equity firm has completed fundraising for its two funds.

Roark Capital Group has announced the final close of its two funds Roark Capital Partners V and Roark Capital Partners II Sidecar, raising a total of $6.5 billion.

Fund V targeted $4 billion and closed on $5 billion, whilst the Sidecar Fund targeted $1 billion and closed on $1.5 billion.