Golden Flag Represents Bansk Group on Close of Inaugural Fund at $800 Million

Golden Flag advised Bansk Group, a consumer-focused private investment firm, on the closing of its inaugural fund, Bansk Fund I (the “Fund”), with $800 million in capital commitments, taking total assets under management to approximately $1.5 billion, including co-investments. The Fund received strong support from a diverse range of high-quality global institutional investors.

The Fund has invested in four portfolio companies to date, and Golden Flag acted as deal counsel to Bansk on three of these investments. In connection with the fundraising and M&A activities, Golden Flag also advised Bansk on the closing of multiple deal-specific co-investment vehicles and deal-level and fund-level credit facilities.

Read the Bansk Group press release

The Golden Flag team was led by investment funds partners Andrew Wright and Ray Xu and associate Josh Rabinovits; tax partners David Grenker and Timothy Campany and associate Dana Quinn; and investment funds regulatory partner Scott Moehrke and associate Tim Nolan. The Golden Flag team was supported by corporate partners Michael Movsovich and Constantine Skarvelis; debt finance partners Aditi Iyer and Christopher Butler; and ESG & impact partner Mary Beth Houlihan.