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.
Centerbridge to Divest Shares in Focus Financial
- Client News
- April 20, 2017
Paul, Weiss is representing Centerbridge Partners in its sale of shares in Focus Financial Partners, a leading international partnership of independent, fiduciary wealth management firms. An investor group led by Stone Point Capital and KKR will acquire a majority stake in Focus from Centerbridge Partners and other selling shareholders, including Summit Partners, Polaris Partners and certain wealth management affiliates and employees, in a transaction that values Focus at approximately $2 billion.
The Paul, Weiss team included, among others, corporate partner Ellen Ching and counsel Yossie Horwitz; tax partner Patrick Karsnitz, of counsel Richard Bronstein and counsel Alyssa Wolpin; and employee benefits partner Lawrence Witdorchic.