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.
Lehman Brothers Real Estate Funds Spin-Out
Paul, Weiss represented the management team of the Lehman Brothers Real Estate private equity funds in the spin-out from Lehman Brothers Holding Inc. and certain of its subsidiaries. The spin-out, completed today, transfers management of over 30 funds with over $3 billion under management to an entity controlled by the management team.
The Paul, Weiss team representing the management team of Lehman Brothers Real Estate includes, among others, corporate partners Bob Hirsh and Marilyn Sobel, counsel Jennifer Spiegel, associates Joceline Park, Nate Pusey, Rachel Rivkind, Giulianna Ruiz and Jyoti Sharma, and paralegal Alisa Symonds; litigation associate Josh Sussman; tax partner David Mayo and associate Patrick Karsnitz; employee benefits partner Larry Witdorchic and associate Verity Rees. Former associates Lauri Penn and Alex Woods also assisted with this transaction.