Debevoise Advises Prudential Financial in Its Acquisition of a Majority Interest in Deerpath Capital

2 May 2023

Debevoise & Plimpton LLP is advising Prudential Financial (NYSE:PRU) in the acquisition of a majority interest in Deerpath Capital Management and its associated affiliates by PGIM, the $1.2 trillion global investment management business of Prudential. For more information, please see the company’s press release.

Deerpath Capital is a leading US private credit and direct lending manager focused primarily on financing private equity sponsor-backed companies in the lower middle market.

The Debevoise team is led by insurance M&A partners Andrew Jamieson and Nicholas Potter and includes associate AJ Salomon and law clerk Saraya Ivanova, IP and technology transactions counsel Caroline Geiger and associate Melody Godbolt, M&A associate Tiancheng (TC) Huang, finance partner Ramya Tiller and associates Courtney Bradford-Pike and Adam Silverwood and law clerk Kayla Staley, benefits partners Jonathan Lewis, counsel Kathleen Emberger and associate Julia Adams, investment management partners Jonathan Adler and Marc Ponchione and associates Colleen Bernaiche, Daniel Jaret and Sasha Burger, tax partner Michael Bolotin and associates Shanna Adler and Erasmo Perez, and litigation partner Michael Schaper and counsel Kyra Bromley.