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.
D1 Capital to Invest in Addepar
- Client News
- June 15, 2021
Paul, Weiss is advising D1 Capital Partners in its $150 million investment in Addepar as part of the company’s Series F financing round. With the investment, Addepar exceeded its $2 billion pre-money valuation. California-headquartered Addepar is a wealth management platform that specializes in data aggregation, analytics and reporting for complex investment portfolios. The funding will be used to further accelerate the company’s rapid growth, fueling expansion of the business and workforce into new geographies and driving continued development of Addepar’s category-defining platform.
The Paul, Weiss team includes corporate partners Ted Ackerman and Raphael Russo; tax partner David Mayo; and antitrust counsel Yuni Sobel.