Chambers Review
Provided by Chambers
Private Equity: Fund Formation - USA
What the Team is Known For
Cleary Gottlieb has deep expertise structuring private equity funds and alternative investment products that are offered in the USA, Europe, Asia and Latin America. Likewise proficient in counseling limited partners on their investments in private equity, hedge and real estate assets. Also noted for its advice on strategic minority investments to fund managers. Experienced in the formation of a range of private funds including credit and special situations funds.
Strengths
"Cleary has a strong team of both partners and associates who can function at the highest level on fund formation matters."
"It's practitioners provide thoughtful guidance and are very responsive."
"The team are industry experts in the fund formation space."
Work Highlights
Cleary assisted TPG with the formation of TPG Tech Adjacencies II, a technology-focused fund that will invest in internet, software, digital media and other similar technology companies.
Notable practitioners
Michael Gerstenzang is admired for his expertise in credit, secondary and growth funds.
"Michael is one of the leading fund lawyers in the market."
Elizabeth Lenas is highly regarded for her experience in the fund raising and closing of buyout, credit and growth funds. Her clients are primarily fund sponsors and include those establishing some of the nation's largest funds.
"She is highly knowledgeable and a great motivator and collaborator."
"Liza is very responsive and very committed to client service."
Maurice Gindi's fund formation practice covers the full range of private equity fund structures.
"Maurice is great to work with. He's very experienced and commercial."
"He's prompt, professional and practical."
Adrian Leipsic is gaining recognition for his practice, which includes launching buyout and social impact funds. He has further experience of advising sponsors on joint ventures.
"He is efficient and highly responsive to the needs of the clients."
Jamal Fulton is noted for his ability to assist on the formation of a range of funds, including hedge, growth and buyout funds.
"Jamal is great to work with and very experienced."
"He is an excellent lawyer and a pleasure to work with."