Debevoise & Plimpton LLP has advised Ara Partners in the closing of over $3 billion in new commitments to Ara Fund III, an industrial decarbonization fund, and dedicated limited partner co-investment vehicles. For more information, please see the company’s press release.

The Debevoise team was led by investment management partner Alisa Waxman and included counsel Bari Steinberg and associates Amy Thomas Ross, Ali Bazzi, Ariel Nörenberg, Collin Marino, Shirley Li and Henry Greco, corporate staff attorneys Madeline Perez and Caitlyn Smith and law clerk Richard Lorber, tax partner Rafael Kariyev and associates Jay Evans and Chiemeka Onwuanaegbule, and with respect to Luxembourg law matters, investment management international counsel Christopher Dortschy and associates Mathieu Voos and Lukas Ott.