Experience

• Fund Formation and Fund Transactions

  • Clayton, Dubilier & Rice in the formation of Clayton, Dubilier & Rice Fund XII, an approximately $26 billion fund, its largest fund to date.
  • Glendower Capital in the formation of its Secondary Opportunities Fund V, a $5.8 billion global secondary private equity fund.
  • LCM Partners in the formation of Credit Opportunities 4 Strategy, a €4.1 billion private credit fund.
  • KKR in the formation of its KKR European Fund VI, an $8 billion fund focused on private equity investments primarily in the developed economies of Western Europe.
  • Tikehau Capital in its $300 million inaugural collateralized fund obligation.
  • Apera Asset Management in the formation of Apera Private Debt Fund II, a €1.27 billion pan-European mid-market private debt fund.
  • AfricInvest in the formation of AfricInvest Fund IV, its largest ever Africa-focused fund with total commitments of $411 million.
  • Clayton, Dubilier & Rice in the sale of its investment in Belron, a worldwide leader in vehicle glass repair and replacement, valuing the company at €21 billion, including the formation of a new special purpose vehicle formed to continue CD&R’s partnership with Belron. The transaction was named “Secondaries Deal of the Year” by Buyouts magazine.
  • Top Tier Capital Partners in the formation of Top Tier European Venture Capital Fund SCSp, a €260 million European venture capital fund of funds.
  • A major international financial investor in the formation of a €1 billion+ global infrastructure fund.
  • CANDRIAM and its affiliate New York Life Investments Alternatives in their strategic partnership with Kartesia Management, a private credit manager, and the related acquisition of a minority stake in the firm.
  • LGT Capital Partners in the formation of Crown Global Secondaries V, a $4.5 billion private equity secondaries fund.
  • Lexington Partners in setting up their Luxembourg platform, including in relation to the Luxembourg sleeve of its $12 billion flagship fund, Lexington Partners IX.
  • Hannover Finanz in the formation of its €200 million debt fund targeting investments in the DACH region.
  • HarbourVest Partners in the sale of a portfolio of over one hundred private equity interests on behalf of a HarbourVest Partners managed account based in Europe to five independent investor groups.
  • Apera Asset Management in the formation of its €750 million private debt platform, focussing on senior secured loans to lower mid-market businesses in German-speaking Europe, France, Benelux, the UK and Northern Europe.
  • Navis Capital Partners in setting up their Luxembourg parallel fund for its private equity fund, seeking total capital commitments of $1.75 billion.
  • Deutsche Beteiligungs in the formation of DBAG Fund VII.
  • SwanCap Partners in the formation of its €600 million SwanCap Fund II.
  • ECE Real Estate Partners in the formation of its €500 million ECE European Prime Shopping Centre Fund II.
  • UniCredit Bank in the structuring aspects of the sale of parts of its private equity portfolio and the setting up of the acquisition of SwanCap Opportunities Fund SCS.
  • First State Investments International in the fund structuring of its €1.3 billion European Diversified Infrastructure Fund (EDIF).
  • Novum Capital in the formation of a €100 million private equity fund targeting investments in the DACH region.

• Fund Regulatory Matters

  • Apera Asset Management, a UK-based pan-European private debt manager in the mid-market space, in Kudu Investment Management’s minority investment in Apera through an Apera affiliate.
  • EQT in funds and regulatory aspects of its €450 million acquisition of Life Sciences Partners, a leading European life sciences venture capital firm.
  • Glendower Capital in its strategic partnership with CVC, creating a combined group with total assets under management of approximately €113 billion.
  • Global Infrastructure Partners in European structuring and regulatory matters relating to various fundraising activities.
  • Zurich Alternative Asset Management in its primary fund investment platform.
  • Park Square Capital in setting up managed account and debt fund structures for EU institutional investors.
  • Adams Street Partners in setting up their regulated investment advisor in Germany.
  • A U.S. fund sponsor with aggregate assets under management in excess of $38 billion in setting up Luxembourg parallel platform for secondary fund.
  • Brexit advice to multijurisdictional asset manager with assets under management in excess of $50 billion.
  • Regulatory advice to Adams Street, Carlyle, Coller Capital, EQT, HPS Investment Partners, Lexington Partners, Morgan Stanley, Triton, Prudential Financial and Zurich Alternative Asset Management.