Formation of Longshore Capital Fund I, L.P.

Winston & Strawn LLP represented Longshore Capital Partners in the formation of its debut private equity fund, Longshore Capital Fund I, L.P., which was oversubscribed and closed on capital commitments in excess of US$200M. Chicago-headquartered Longshore makes control investments in North America-based companies with US$5M to US$15M of EBITDA. Sectors of interest include business process outsourcing, revenue cycle management, and managed services and payments. In tandem with the closing of Fund I, Longshore has acquired a controlling interest in five business services companies from LaSalle Capital.