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.
General Atlantic Investment in $3.8 Billion Asset Management Transaction in Latin America
Paul, Weiss advised General Atlantic in the $3.8 billion asset management acquisition of ING Group's Latin American pension and wealth management business, which closed on December 29, 2011. General Atlantic was part of a consortium of investors that included Grupo Sura, a large publicly traded Colombian conglomerate that led the deal, Grupo Bolivar, Banco Colombia and IFC. The transactions will result in the creation of the largest pension fund player in Latin America with one of the most important insurance and investment operations in the region.
The Paul, Weiss team advising General Atlantic included M&A partners Matthew W. Abbott and Paul D. Ginsberg, and counsel Ji Lu and Nathan R. Pusey; capital markets partner Mark S. Bergman; tax partner Richard J. Bronstein; and financing partner Dale M. Sarro.