Debevoise has extensive experience in all aspects of fund-level financing transactions for different types of investment funds and their managers.
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Recommended as a leading firm in France and Russia for Capital Markets – Debt & Equity, and in Russia for Banking.
Recommended as a leading firm in the UK for Bank Lending – Sponsor Side.
"Very strong market knowledge, deep analysis and good advice."
Shortlisted as Banking and Finance Team of the Year for our role representing EQT in its €3.23 billion of subscription line facilities with a club of 14 lenders from various jurisdictions.
–British Legal Awards, 2018
Clients are quick to highlight the ‘fantastic job’ done by Debevoise & Plimpton’s experienced finance practitioners. Impressive cross-border strength, leveraged finance capabilities and private equity expertise go hand-in-hand with the ‘incredible service’ offered, leading to one source stating: ‘The product they deliver is better than any other out there.’
Jeffrey Ross is co-chair of the firm’s Finance Group who regularly represents private equity and other investment fund sponsors in connection with subscription credit facilities, co-investment facilities and other fund or management company financings.
“Able to leverage its international footprint, the team regularly works on deals with a cross-border complexion.”
Ranked as a leading firm for finance work.
- The Legal 500 UK, 2011-2016
Thomas Smith and Felix Paterson examine the trend towards increasingly large and complex fund-financings in an article for Private Equity International. To view a pdf of this article, click here.
Global Legal Insights to Fund Finance: 2018
Debevoise has contributed two chapters to the latest edition of GLI’s fund finance guide.
The first is an article is entitled “Side Letters: Pitfalls and perils for a financing”. Click here to access it
The second is a definitive guide to fund financing in Germany. Click here to access it
Asia Symposium Spotlight
Debevoise attended and spoke at the first ever Asia Pacific Fund Finance Symposium, held by the Fund Finance Association in Hong Kong. For a summary of the key points of discussion from the event, click here
Europe Symposium Spotlight
Debevoise attended and spoke at the Fund Finance Association’s most recent European Fund Finance Symposium in London. For a summary of the key points of discussion from the event, click here.
The Debevoise team have done a truly outstanding job in facilitating, negotiating and executing the highly complex refinancing and dividend recapitalisation of our secondary fund. The Debevoise team have consistently demonstrated their perseverance and willingness to work hard, whilst retaining a superior level of commercial judgment when negotiating with a multitude of stakeholders. It has been a real pleasure working with them.
DB Private Equity
Thomas Smith, Pierre Maugϋé and the Debevoise team provided excellent advice on a complex fund-level hybrid facility, proactively working through solutions to difficult fund-level structuring issues. The team takes a very commercial, proactive and hands-on approach and closed an important financing for us, showing material dedication and perseverance.
Park Square Capital
“The work of the team was thoughtful, with a quick turnaround time; the team provided insightful advice which reflects the wide experience they have in this market.”
Tom Smith and team provided a powerful combination of good market knowledge and strong legal skills and the team’s advice demonstrated throughout both sound commercial judgment and a pragmatic approach to getting the deal done.
We would be delighted to recommend the Debevoise Finance team to our peers. Thomas Smith and the team are technically outstanding with great attention to detail. We were particularly impressed with the level of service and the passion to complete the transaction successfully in a short space of time.
Metric Capital Partners
Tom Smith led a remarkably smooth process in arranging our capital call facility. Responsive, pragmatic and focussed on key commercial areas, he was ably supported by the rest of the Debevoise finance team.