Select Secondaries Transactions

• The largest LATAM PE fund manager in a GP-led secondaries transaction involving a portfolio of ten assets owned by the manager’s fourth generation fund, with a total transaction value of approximately $1.4 billion
• The largest LATAM PE fund manager in a GP-led secondaries transaction in connection with a GP-led tender offer for LP interests in the manager’s third generation fund
• A US venture fund manager in connection with a strip sale and GP-led secondaries transaction involving over thirty assets across three of the manager’s funds
• A large US private equity fund manager in connection with a secondary/preferred equity transaction involving over $1 billion in fund assets
• A large US energy fund manager in connection with a secondary/preferred equity transaction involving over $1.5 billion in fund assets
• A mid-market US PE manager focused on buyout investments in the industrial and shipping sectors in the sale of a single asset to a new fund managed by the manager
• A PE team operating within a US bank on a stapled secondary sale of a large portfolio of assets (over $2 billion) in connection with the team’s spinout from the bank
• A mid-market PE firm in connection with a GP-led secondary transaction involving a portfolio of assets held through a SBIC
• A large US bank in three successive annual strip sales of a portion of its portfolio of PE assets to large institutional buyers (including US and non-US governmental pension plans) totaling over $3 billion in assets
• A major US secondaries business in connection with the acquisition of over $3 billion of fund interests (this acquisition was structured as a JV with Ardian as co-buyer and involved the formation of a new $1 billion SPV/fund and a related $1.5 billion letter of credit facility)
• A large global asset manager (with over $60 bn in AUM) as a buyer across six separate GP-led secondary transactions totaling over $2 billion in transaction value
• A consortium of secondary firms in connection with the acquisition of a platform operating business that was operated as the equivalent of a fund
• A French secondaries firm in connection with its acquisition of a single asset as part of GP-led secondary process

Select Fund Formation

• A major US bank as sponsor of a $6 billion fund focused on buyout and growth equity investment principally in the consumer and retail sectors
• A PE fund manager in connection with the formation of a $3 billion buyout and growth equity fund
• A PE fund manager focused on energy and financial service investments on the formation of a $750 million “bridge fund”, a $1.5 billion first generation fund and a $2.5 billion second generation fund
• A PE agribusiness manager in the formation of over a dozen funds, SMAs and funds of one, totaling over $2.5 billion in capital raised
• A mid-market US PE manager focused on buyout investments in the industrial and shipping sector in connection with the formation of two generation of funds totaling over $500 million in capital
• A PE credit fund manager in connection with the formation of a $575 million fund focused on distressed assets
• A PE credit fund manager in connection with the formation of two loan origination funds totaling approximately $500 million in capital raised
• A PE credit fund manager in connection with the formation of a $500 million loan origination fund
• A large cap PE fund manager in connection with the formation of a JV with another manager and the formation a $500 million fund focused on IP royalty investments
• A major Chinese institutional investor in connection with the formation of a JV with another manager and the formation of a $400 million fund focused on investments in PRC businesses and US businesses with substantial sales to, or assets in, the PRC
• A mid-market PE fund manager focused on buyout and growth equity investments in connection with the formation of two funds totaling over $750 million in capital raise
• A PE team spinning out of a US regional bank in connection with the formation of a $300 million buyout fund
• A mid-market PE fund manager focused on the health care sector in connection with the formation of a $250 million fund
• A hedge-fund oriented team that was part of a financial institution in the formation of its first PE style credit fund raising over $1 billion in capital
• A major US real estate developer in connection with the formation of a $500 million China-focused real estate fund

*This list includes work that Tim completed while at a prior firm.