Known for breadth across the private funds market, Proskauer Rose LLP supports sponsors and managers from first-time launches through repeat raises and complex liquidity solutions. The firm pairs formation experience with GP-led restructurings, continuation vehicles and portfolio deals, and advises on the fund-linked aspects of strategic manager and platform transactions. Integrated tax, ERISA and regulatory support also helps the firm tackle novel structures and evolving investor demands. Team head Monica Arora is the key relationship partner to some of the firm’s largest financial sponsor clients and operates from New York. Co-head Howard Beber is based in Boston and is able to advise across the full fund lifecycle, while co-heads Christopher Robinson and Michael Suppappola helm the firm’s secondary transactions and liquidity solutions offering from New York and Boston, respectively. New York’s Chip Parsons is a go-to for the raising and operation of credit funds.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- Very smart team. Always looking out for our firm and using past experience to help guide our negotiations. Don't waste time and move to getting deals done.
- Care - I feel 100% looked after.
- ‘Monica Arora is the lead partner -- she is an experienced, calm presence who provides excellent high-level legal advice while managing a team of multiple colleagues from various subject areas.'
- ‘The team has strong and diverse experience across a variety of asset classes and fund structures. They are friendly yet firm, providing practical advice. The team is very diverse, including being comprised of nearly all women, which I think is refreshing.'
- ‘Highly responsive team experienced working with first time funds.'
Key clients
- Antares Capital
- Ares
- Atlas Holdings
- Avenue Capital Management
- Energy Impact Partners
- JLC Infrastructure
- JMI Equity
- Lexington Partners
- Patria
- Shamrock Capital
- Thoma Bravo
Work highlights
Advised Atlas Holdings on the closing of its fifth flagship investment fund, Atlas Capital Resources V LP. The fund had a “one-and-done” closing, reaching its hard cap of $6.45 billion in committed capital at its first and final close. As of the closing, Atlas manages more than $16 billion of capital.
Advised leading software investment firm Thoma Bravo on the completion of fundraising for Thoma Bravo Credit Fund III at $3.6 billion in total available capital. This represents Thoma Bravo’s largest credit pool of capital to date and will expand Thoma Bravo Credit’s leadership in enterprise software.
Advised Patria Investments on the formation of Patria Infrastructure Fund V. The Fund secured approximately $2 billion, making it the largest dedicated infrastructure fund in Latin America. Patria is one of the largest fund managers in the LatAm region, with $48 billion in assets under management.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Monica Arora; Howard Beber; Christopher Robinson; Michael Suppappola
Other key lawyers
Chip Parsons; Stefan Paulovic; Grant Darwin