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Debevoise & Plimpton LLP
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Private Equity: Secondaries

Chambers Review

Provided by Chambers

Private Equity: Secondaries - USA - Nationwide

1
Band 1

What the Team is Known For

Debevoise & Plimpton is widely acknowledged as one of the leading pioneers in private equity secondaries work, offering clients a full suite of services from fund formation through to buy- and sell-side representation in complex transactions. GP and LP clients benefit from the firm's international team of experts, who are frequently called upon to advise on fund restructuring work, portfolio purchases and more traditional secondary deals.

Notable practitioners

Ezra Borut, Jane Engelhardt and Kevin Schmidt are key contacts.

Work Highlights

Provided by Debevoise & Plimpton LLP

  • Debevoise & Plimpton acted for TPG to handle its investment in Calera Capital Image Holdings, a $750 million single-asset continuation fund that closed in connection with Calera’s sale of portfolio company ImageFIRST Healthcare Laundry Specialists.

Strengths

Provided by Chambers

"There's excellent attention to detail and they're very knowledgeable about the market. It's a strong team, from paralegals through to senior partners."

Private Equity: Secondaries respondent
USA

"They have a strong handle on the internal complexities of our funds and are well equipped to handle more complex structures related to investments we are executing on. The Debevoise team has experienced lawyers across all disciplines and specialty areas and I have always found their level of service, attentiveness and availability to be extremely strong."

Private Equity: Secondaries respondent
USA

"They never seemed short of resources or perspectives and they seemed committed at every turn to meeting our needs."

Private Equity: Secondaries respondent
USA

"They're the most deal-oriented of all the different teams I work with. We don't like to do things plain vanilla, we're open to creative thinking, and Debevoise knows we want to approach things with a blank slate."

Private Equity: Secondaries respondent
USA

"No matter is too complex, so we go to Debevoise for our highly complicated transactions. They have a strong sense of market terms and provide helpful advice on what areas we should push back on."

Private Equity: Secondaries respondent
USA

"It's an extremely knowledgeable adviser with deep understanding of market precedents and trends. They're able to identify potential issues ahead of time and come up with creative solutions and proposals. There's a tight team structure for complex deals, meaning items are not lost in translation between internal teams."

Private Equity: Secondaries respondent
USA