Debevoise & Plimpton LLP has advised FitzWalter Capital (“FitzWalter”) in the final close of its inaugural fund, FitzWalter Capital Partners I (the “Fund” or “FWCP I”) at its hard cap of $920 million.
FitzWalter is a global private investment firm, established in 2020 by a group of senior members of Macquarie’s CAF Principal Finance business, including the Global Head of that business from its inception in 2009. It has offices in London, New York and Hamburg and its 5 partners bring together 75 years of aggregate investing experience.
FWCP I launched in December 2020 and held its final close in August 2021. The Fund attracted commitments from a globally diverse group of top-tier institutional investors including European, North American, Asian, and Australian investors across a range of institution types including endowments & foundations, family offices, private pensions, public pensions, asset managers and sovereign wealth funds.
FitzWalter provides capital and capability, supporting management teams in unlocking the full potential of a business or asset, particularly in contexts of complexity, transition and other special situations. Since fundraising it has completed a number of investments in the business services and aircraft leasing sectors.
The Debevoise team advising FitzWalter was led by partner Geoffrey Kittredge, and included international counsel Jin-Hyuk Jang and John Young, and associates Tom Berry, Johanna Marniok and Jan Schoberwalter. Tax advice was provided by partners Matthew Saronson and Richard Ward, and associates Charles Cartiglia and Veronika Polakova.