Proskauer Rose LLP > London, England > Firm Profile
Proskauer Rose LLP Offices
Proskauer Rose LLP > The Legal 500 RankingsProskauer Rose LLP advises top institutions including asset managers, buyout houses, funds of funds and new managers on fund formations across a diverse range of fund structures and asset classes, including private equity, infrastructure, special situations, and renewable energy funds. The firm combines this broad expertise with an active secondaries practice, including transactions, GP-led secondaries, and continuation funds. The team, praised for its ‘ superb breadth and depth of experience’ is led by Nigel van Zyl, an experienced practitioner who enjoys strong relationships with a variety of major funds clients, handling large-scale fund formation and operational mandates, including carried interest and co-investments, and internal governance issues. Bruno Bertrand-Delfau specialises in secondaries matters, advising on major transactions within the European and US markets, and is also active on behalf of institutional investors. The ‘commercial and pragmatic‘ Peter Olds arrived from Weil, Gotshal & Manges (London) LLP in early 2021, and advises on fund formations and secondaries across a variety of asset classes, while ‘creative’ and ‘knowledgeable’ counsel Brendan Gallen is also a key member of the team. Aranpreet Randhawa was promoted to partner in late 2020.
Nigel van Zyl
Other key lawyers:
‘Large and global team.One stop shop with all the required expertise to successfully close your transaction in time. Very strong track record, deep knowledge of the industry best practices and gold standards.‘
‘Pragmatic, knowledgable, helpful.‘
‘The team has superb breadth and depth of experience which allows clients to be confident that the documentation contains all the latest technology. The team is draws on all relevant areas of expertise of the firm eg tax.‘
‘Brendan Gallen is exceptionally hardworking and knowledgeable about the funds space and is absolutely on top of the detail. He is also good at maintaining contact and is very thoughtful about creative ideas for solving problems.‘
‘Very commercial but also down to earth and straightforward.‘
‘Peter Olds is extremely responsive, very commercial and pragmatic in seeking client-focused solutions and has a great insight into market terms and data.‘
Avedon Capital Partners
Tenzing Private Equity
Priveq Advisory AB
Gilde Buy Out Partners
G Square Capital
One Peak Partners
Bencis Capital Partners
- Advised Hg as lead fundraising counsel on their latest fundraisings totalling approximately $11bn across three vehicles.
- Advised EMK Capital on its second fund, EMK Capital Partners II, which closed at its hard cap of €1.5bn.
- Advised Avedon Capital Partners on Avedon Growth Capital IV, targeting €500m.
Ben Davis; Alex Griffith; Faisal Ramzan
Other key lawyers:
Daniel Hendon; Harriet West
‘They just get it! They know the market, know their clients and just make the process as easy and straightforward as it can be in these particularly challenging times. We would trust them implicitly to look after our interests but be reasonable and commercial so that everyone can just get the deal done.’
‘Dedicated focus on private credit. Deep bench of partners. Value-added research and market data.’
‘The very detail-oriented Faisal Ramzan is highly engaged and focused on deals. He is in touch with the market but also has a very practical risk-based approach.’
‘The excellent Daniel Hendon is very responsive, knowledgeable, very easy to work with and just gets the job done.’
Bain Capital Credit
BlueBay Asset Management
Global Risk Partners Group
LGT European Capital
Intermediate Capital Group
Muzinich & Co
Tikehau Investment Management
TPG Sixth Street Partners
- Advised Ares Management on the provision of £115m financing to a prominent sponsor acquiring a leading diagnostic, healthcare, research, defence and food industries group.
- Advised Pemberton on its £42.5m financing to support Palatine’s investment in Vernacare Group (Palatine has subsequently sold the asset to H.I.G. Capital).
- Advised Alcentra on the financing for the acquisition of KPMG’s UK Pensions Advisory Practice by Exponent Private Equity.
‘The Proskauer Rose private equity tax team offers very strong technical capabilities coupled with very insightful and practical business solutions. This is not very common for tax professionals. Often you hear the technical description of a tax law or regulation with very little practical guidance or insight. The tax team can help solve business problems.’
‘Mary Kuusisto is the best tax attorney in private equity. The combination of her experience, tax expertise, and business acumen make her a clear standout in this field.’
‘Robert Gaut is an outstanding tax adviser. He gives advice which is very practical.’
‘Deep understanding of fund formation-related tax issues.’
‘Stephen Pevsner is my primary point of contact. He is responsive, user friendly in his advice, diligent and commercially minded. My go-to person when it comes to standalone UK corporate tax advice.’
Falcon Investment Advisors
Värde Partners Europe
Ares Management Corporation
Antin Infrastructure Partners
- Advised Tenzing Private Equity on its second fund securing £400m in the first ever completely virtual fund raise due to the coronavirus pandemic.
- Advised leading global software investor Hg on its latest fundraisings totalling $11bn across three vehicles.
- Advised funds managed by the Credit Group of Ares Management Corporation on the largest ever unitranche financing representing in aggregate £1.9bn commitment to The Ardonagh Group, the UK’s largest independent insurance broker.
‘Reactive, nice to work with, technically sound, anticipate issues.‘
‘Cameron Roper – easy to work with, engaging, practical, pragmatic without compromising risk.‘
‘Very well integrated team, liaising smoothly with lots of different parts of the firm. Associates are of high quality and capable of leading deals making their advice very good value for a top tier firm. They bring a good knowledge of lending, and of funds issues, combining both well. Team culture is very client oriented and commercial, working all hours.‘
‘Cameron Roper is a rising star. He provides partner-level advice and creativity while working the hours (and charging the rates) that are more appropriate for an associate. He brings a wealth of credit risk understanding, addressing the issues rather than just churning out forms.‘
‘In-depth knowledge of latest trends in fund documentation. Strong integration of tax and legal team advice. Great knowledge of fund finance providers, providing a one-stop shop for fund formation, tax and finance negotiation services.‘
‘The work and advice we have received is consistently delivered promptly and to a high standard.‘
Tenzing Private Equity
Proskauer Rose LLP continues to expand its market share of City private equity activity, receiving mandates from a number of new clients for both high-value and mid-market transactions. In addition to these new clients, the team acts for longstanding clients such as GIC, Investcorp, Anacap and Pollen Street on investments, acquisitions and exits. The team is active in regulated sectors such as financial services, as well as tech and retail. Steven Davis leads the team, with Andrew Wingfield and Richard Bull also recommended.
‘Excellent client service at all times. Very responsive. Knows our business inside out. Always available.’
‘Excellent levels of service always. Highly responsive. Provide excellent commercial advice. Fantastic legal knowledge and experience. Richard Bull is a true business partner and always available whenever needed. Extremely grateful for Richard and his team for all their hard work and dedication at all times when needed by us as a client.’
‘The team is very client focused. They know exactly what our specific needs are. They are able to move deals forward in a very efficient manner.’
‘All team members are good negotiators and are able to come up with efficient and practicable solutions to various issues encountered during a transaction. All individuals we have worked with have been able to create a good dynamic with the various parties involved in a deal.’
AnaCap Financial Partners
One Peak Partners
Pollen Street Capital
- Advised Deliveroo on its Series H funding round that raised over $180 million from existing investors, led by Durable Capital Partners LP and Fidelity Management & Research Company LLC, valuing the business at over $7 billion.
- Acted for Intermediate Capital Group (ICG) on various matters including most recently: Investments in Lucid Group and Pageant Media.
- Advised T.M. Lewin and Bain Capital Credit, on the sale of the T.M. Lewin Group by its ultimate shareholder Bain Capital Credit to London-based private equity firm SCP.
Other key lawyers:
Richard Bull; Liam Arthur; Rob Day; Andrew Wingfield
‘Very client focused. Understand perfectly what we need. In addition, the team is very goal-oriented. Therefore they ensure that processes keep on moving forward at all times.’
‘Matt Clift works in a very efficient manner and is able to provide solutions to various issues that we have encountered in the transactions.’
‘Excellent client service at all times. Very responsive. Know our business inside out. Always available.’
‘Commercial, innovative, practical team. Great expertise and amazing collaborative approach.’
‘Andrew Wingfield – best lawyer I ever worked with. Super helpful, goes extra mile where needed.’
AnaCap Financial Partners
Brigadier Acquisition Company Limited
One Peak Partners
Pollen Street Capital
- Advised Accor regarding entering into exclusive negotiations with Ennismore to form the world’s leading lifestyle operator in the hospitality sector.
- Advised GIC on a joint purchase of a 36% stake in Rothesay Life from Blackstone.
- Advised Deliveroo on all of its legal matters including its recent Series H funding round.
Proskauer Rose LLP hired its first London litigation partner, Dorothy Murray from King & Wood Mallesons, in March 2020. It continued to show its commitment to building its practice with the addition of Steven Baker from White & Case LLP in February 2021. Supported by the firm’s strong City transactional practices (including its impressive funds practice) and its large US team, the practice is one to watch.
Proskauer Rose LLP > Firm Profile
The firm: Proskauer has more than 800 lawyers across 12 offices worldwide. We are strategically strengthening our core practices and industry offerings ensuring that we continually innovate to meet the needs of the markets we serve. We are laser-focused on delivering outstanding client service. We work across borders with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and other industry-redefining companies.
The firm is commercially focused, with a robust entrepreneurial spirit running throughout its teams and work. This enables Proskauer both to fully understand the challenges facing clients and to take a business oriented approach to any client matter.
Proskauer’s London office offers both UK and US legal advice locally, with extensive experience in UK and European market practice. The office has a global reach, drawing on the firm’s capabilities in the US, Europe, Asia and Latin America as required and is particularly strong in complex cross-border transactions.
Principal areas of work
Private investment funds: Fund structuring and capital-raising matters; investments; secondaries; financings; exits; and related debt and restructuring issues.
Mergers and acquisitions: Mergers; acquisitions; management and other leveraged buyouts; dispositions; spin-offs; auctions; tender offers; proxy fights; joint ventures; partnerships; and strategic alliances.
Real estate: Since the founding of our firm in 1875, Proskauer has been focused on the real estate industry. We have more than 80 lawyers in the US, Europe and Asia who handle complex real estate transactions worldwide for a broad spectrum of clients, including sovereign wealth funds, institutional and specialty lenders, developers, private equity real estate funds, investment banks, pension funds, domestic and foreign investors, REITs, sports stadium owners and corporate owners of real estate. Our full-service team is comprised of practitioners from our real estate, mergers and acquisitions, private equity, fund formation, capital markets, finance, litigation, tax, labor, executive compensation and employee benefits, and environmental practices.
Capital markets: High-yield and other debt; equity; alternative capital finance; equity-linked securities; real estate securities; tender and exchange offers; public-company representation; and broker-dealer.
Finance: Leveraged finance; senior and senior-stretch loans; unitranche loans; second lien loans; mezzanine or subordinated notes; private high-yield notes; holdco notes; structured equity; equity kickers and co-investments; distressed lending (including debtor-in-possession and exit financings); and general corporate finance.
Restructuring and insolvency: Acquisitions of financially distressed assets; asset sales; insolvency litigation; corporate investigations; creditors’ rights issues; cross-border and insurance insolvencies; financial and operational restructurings; hedge fund fraud and distress; liquidations; securitisations; and workouts.
Labour and employment: All aspects of trade union and collective labour law; employment law; complex cross-border trade union issues; large-scale redundancies; cross-border litigation; litigation before the High Court; and Employment Tribunal litigation.
Financial Services Regulation: UK and EU matters, including structuring and establishment of private investment funds; FCA authorisations; perimeter issues; EU passporting; current and proposed EU and international laws and regulations; conduct of business; financial promotions and marketing; client assets; regulatory capital; market abuse; systems and controls; appointed representatives and tied agents; antimoney laundering; changes of control and close links; and approved persons.
Tax: Mergers; acquisitions; structuring of inward and cross-border investments; establishment of investment funds; joint ventures; restructurings; capital markets; and financing.
|Steven Baker||Steven Baker is a partner in Proskauer’s Litigation department and a member…||View Profile|
|Bruno Bertrand-Delfau||Bruno Bertrand-Delfau is a partner in Proskauer’s Private Funds Group. He has…||View Profile|
|Richard Bull||Richard Bull is a partner in Proskauer’s Corporate Department and a member…||View Profile|
|Peter Castellon||Peter represents issuers, underwriters and selling shareholders in connection with capital markets…||View Profile|
|Steven Davis||Steven Davis is a partner in Proskauer’s Corporate Department, co-head of the…||View Profile|
|Benjamin Davis||Ben Davis is a partner in Proskauer’s Corporate Department and a member…||View Profile|
|Rob Day||Rob Day is a partner in Proskauer’s Corporate Department and a member…||View Profile|
|Christopher Elson||Chris advises fund managers on a range of matters, focusing on fundraising…||View Profile|
|Brendan Gallen||Brendan is a special funds counsel in Proskauer’s Corporate Department and a…||View Profile|
|Robert Gaut||Robert Gaut is a tax partner and head of Proskauer’s UK tax…||View Profile|
|Alexander Griffith||Alex Griffith is a partner in Proskauer’s Corporate Department and a member of Proskauer’s Private…||View Profile|
|Daniel Hendon||Daniel Hendon is a partner in Proskauer’s Corporate Department and a member…||View Profile|
|Jordan Hurwitz||Jordan Hurwitz is an associate in Proskauer’s Private Funds Group. Jordan advises…||View Profile|
|Mary Kuusisto||Mary B. Kuusisto is a partner in Proskauer’s Private Funds Group, a…||View Profile|
|Kirsten Lapham||Kirsten Lapham is a partner specialising in financial services regulation. She advises…||View Profile|
|Edward Lee||Edward Lee is a partner in Proskauer’s Private Funds Group. Edward advises…||View Profile|
|Dorothy Murray||Dorothy Murray is a partner in Proskauer’s Litigation Department specializing in investment…||View Profile|
|Stephen Pevsner||Stephen Pevsner is a tax partner and a member of Proskauer’s Private…||View Profile|
|Aranpreet Randhawa||Aranpreet is a partner in Proskauer’s Private Funds Group in London. She…||View Profile|
|Cameron Roper||Cameron Roper is a special finance counsel in Proskauer’s Corporate Department and a…||View Profile|
|Catherine Sear||Catherine Sear is a partner in Proskauer’s Tax Department and a member…||View Profile|
|Andrew Wingfield||Andrew Wingfield is a partner in Proskauer’s Corporate Department and a member of our…||View Profile|
|Nigel van Zyl||Nigel van Zyl specializes in advising asset managers, institutional investors and investment…||View Profile|
OtherU.S. Offices : Boca Raton, FL U.S. Offices : Boston, MA U.S. Offices : Chicago, IL U.S. Offices : Los Angeles, CA U.S. Offices : New Orleans, LA U.S. Offices : New York, NY U.S. Offices : Washington, DC International Offices : Beijing International Offices : Hong Kong International Offices : London International Offices : Paris International Offices : São Paulo
- Investment fund formation and management > Private funds
- Dispute resolution > Banking litigation: investment and retail
- Investment fund formation and management > Private funds (including infrastructure funds)