Peter Laybourn > Ropes & Gray LLP > Boston, United States > Lawyer Profile

Ropes & Gray LLP
800 BOYLSTON STREET
BOSTON, MA 02199
MASSACHUSETTS
United States
Peter Laybourn photo

Work Department

Peter Laybourn is a partner in Ropes & Gray’s asset management group and co-leader of the firm’s buyout and growth equity funds team. Focusing on fundraising for private equity and other private funds, Peter has helped steer clients through complex fundraisings and transactions ranging in size from a hundred million to many billion dollars. 

Drawing on his extensive experience in the formation of growth and buyout funds, credit funds, funds of funds, co-investment funds, energy funds and secondary funds for both emerging and well-established firms, Peter brings deep insight and creativity to the fundraising process. Peter regularly helps clients navigate critical operational and governance matters as well as complex fund level transactions. Moreover, Peter also works with private fund sponsors as well as other institutional clients in the negotiation and execution of domestic and international transactions, GP-led fund restructurings, “spinoffs,” succession planning, joint ventures and general investment management matters.

Some of Peter’s clients include Antares Capital, Audax Group, Bain Capital, Baupost Group, Breakthrough Energy Ventures, Constitution Capital Partners, Hamilton Lane, Neuberger Berman, Shoreline Equity Partners and Thomas H. Lee Partners.

Lawyer Rankings

United States > Investment fund formation and management > Private equity funds (including venture capital)

Ropes & Gray LLP fields a ‘very thorough and engaging team‘ for private equity and venture capital fund matters, advising on precedent-setting fund formations, drawing on dovetailing expertise in investments and regulatory issues. It represents both sponsor and investor clients in the gamut of fund matters, and has lawyers on the ground in offices across the country, as well as working with the firm’s international offices to be able to assist with multi-jurisdictional mandates. The team’s new engagements in 2022 often focused on innovative sectors, and the venture capital side of the practice has continued to grow, where clients include B Capital Group, Cayuga Venture Fund, and Cowen Investment Management. The highly-regarded ‘very experienced campaignerMorri Weinberg in New York co-leads the department alongside Boston-based Leigh Fraser and Peter Laybourn in Boston. Marc Biamonte in New York is another key name for fund formation and operation, and also represents investment advisers to private equity funds on Advisers Act matters. In Boston, John Ayer is a senior practitioner with great experience in private equity fundraising and related matters.

United States > Investment fund formation and management > Alternative/hedge funds

With a ‘very deep bench‘ and investment fund lawyers that can ‘handle myriad topics‘, Ropes & Gray LLP is equipped to assist with the full spectrum of hedge fund matters. Fund formation, operational and regulatory matters at the highest level are all routinely covered, and the client base includes all types of hedge fund sponsors, from large institutional managers to start-ups. The practice is represented at the firm’s offices across the country and work often has cross-border components too. Leigh Fraser has been an instrumental figure in building the practice over the past decade and is a renowned figure across the broader asset management market. She divides her time between the New York and Boston offices and co-leads the broader funds department with Peter Laybourn in Boston and Morri Weinberg in New York. ‘Thoughtful, seasoned and very commercial‘ lawyer Laurel FitzPatrick in New York is the go-to figure for hedge fund work specifically and a pioneer in the space, having founded the practice group at the firm. Sarah Davidoff is another respected senior figure that acts for some of the largest hedge funds in the world, and Katie Waite in Boston is a more recent partner that comes with client recommendation. On the west coast, Melissa Bender in Silicon Valley is the name to note, along with October 2022 hire from Stroock & Stroock & Lavan LLP Eric Requenez, who focuses on the real estate sector from New York.