Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Apollo Launches $4 Billion Sponsor and Secondary Solutions Business With ADIA
- Client News
- August 4, 2022
Paul, Weiss advised Apollo Global Management on the formation of its Sponsor and Secondary Solutions business (S3), which formally launched with $4 billion in commitments, including affiliated capital. S3, a natural extension of Apollo’s global investment platform, offers a comprehensive set of secondary and fund finance capital solutions to asset managers and limited partners across the yield, hybrid and equity spectrum. As part of the launch, long-term Apollo partner Abu Dhabi Investment Authority made a cornerstone commitment to S3 through a wholly owned subsidiary.
The Paul, Weiss team included corporate partners Matthew Goldstein, Marco Masotti and Brian Janson, and counsel Luke Jennings and Allison Muth; tax partners Brian Grieve and Patrick Karsnitz, and counsel Sarah Katz.