Debevoise Advises Clayton, Dubilier & Rice in the Closing of $16 Billion Fund

12 February 2021

Debevoise & Plimpton LLP has advised Clayton, Dubilier & Rice (“CD&R”) in the formation of Clayton, Dubilier & Rice Fund XI, an approximately $16 billion fund, which is CD&R’s largest fund to date.

The Debevoise team was led by partners Jonathan Adler, Jason Auerbach and Rebecca Silberstein and included partner Andrew Levine, counsel Erich Grosz and Shawn Yang, associates Julia Ahn, Morgan Aveni, Sasha Burger, Arthur Flynn, Carly Hill, Paul Laszlo, Yana Mereminsky and Jihyun Yoo and corporate staff attorneys Jonathan McCarron-Smith and Alex Romanovski. Tax advice was provided by partner Matt Saronson, associates Adam Namm and Erasmo Perez, law clerks Shanna Adler and Sabrina Hsieh and corporate staff attorney Sam Engutsamy. ERISA advice was provided by partner Frank Mitchell and associate Douglas Hirn.