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.
Preferred Stock Minority Investments in the Private Equity Context
October 6, 2017 Download PDF
Corporate partners Angelo Bonvino and Ted Ackerman co-authored an article, “Preferred-Stock Minority Investments in the Private Equity Context,” for Lexis Practice Advisor. The article explores uses of preferred stock in private equity transactions, with a particular focus on its use in minority investments, including as an alternative or supplement to debt financing. In the article, the authors also analyze the relative benefits and drawbacks of utilizing preferred stock in this context from the perspective of both the issuing company and the private equity minority investor. Corporate associate Mordechai Biegeleisen assisted in the preparation of this article.