Debevoise & Plimpton LLP has advised Seviora Holdings Pte. Ltd. (“Seviora”), Temasek's main asset management platform, in the closing of an approximately $400 million collateralized fund obligation ("CFO") with Churchill Asset Management LLC ("Churchill"), the U.S. asset management company of Nuveen Private Capital.

The CFO invests across Seviora's Asian private credit and global fund-of-funds strategies, and Churchill's U.S. junior capital and private equity secondaries strategies, providing institutional investors with diversified exposure across sponsors, investment strategies, and geographies.

For full details, see the official release here.

The Debevoise team advising Seviora was led by Pierre Maugüé, and included partners Almas Daud and Nicholas Pellicani, and associates Jag Appleby and Abigail Stander. Tax advice was provided by partner Matthew Saronson and counsel Veronica Polakova.