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 to Invest in Klar
- Client News
- July 19, 2021
Paul, Weiss is advising General Atlantic in its Series B investment in Klar, a leading digital financial services platform providing a transparent, free and secure alternative to traditional debit and credit services in Mexico. General Atlantic led the round with participation from existing investors Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and WTI. Funding will be used to strengthen Klar’s efforts to broaden access to consumer credit as Mexico’s transition to a digital economy accelerates through product and proprietary technology expansion. The transaction is subject to customary closing conditions and regulatory approvals.
The Paul, Weiss team includes corporate partners Matthew Abbott, Ellen Ching and Neil Goldman; and tax partner Lindsay Parks.