About

Provided by Winston & Strawn LLP

Winston & Strawn’s Funds Practice offers extensive experience in fund formation and related matters, advising private fund sponsors, institutional investors, and clients on regulatory, tax, compliance, and special situations. The team has structured funds from $50 million to over $5 billion and counsels clients across a wide range of strategies, including buyout, growth, private credit, venture, real estate, energy, aviation, and infrastructure. They also have deep experience in GP-led restructurings, continuation vehicles, and sponsor-related complexities such as breakups, defaulting LPs, and liquidity solutions. The practice supports both domestic and international sponsors and advises institutional investors on fund investments, secondary transactions, and co-investments. Winston’s SBIC funds practice, led by Alan Roth, is widely recognized as a market leader, advising on a significant portion of the multibillion-dollar SBIC program. The group’s work spans key industries like clean energy, health care, and industrial manufacturing, and they continue to expand in response to growing federal investment in the space.

Chambers Review

Provided by Chambers

Private Equity: Fund Formation - USA

4
Band 4

What the Team is Known For

Winston & Strawn boasts a well-respected practice combining strength in traditional buyout funds, with deep expertise in innovative strategies. Especially capable in the area of credit funds and special situations funds, with a track record of handling formations involving multiple jurisdictions.

Work Highlights

  • Winston & Strawn represented Paceline Equity Partners in the formation of Paceline Equity Partners Opportunity Fund II.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

5
Megan Devaney
5
Band 5
Megan Devaney is commended for structuring funds of one and credit funds as part of her wider fund formation practice.

Megan is knowledgeable and helpful.

Megan is a great negotiator, very practical, smart and a pleasure to work with.

Megan is extremely business friendly and has a keen understanding of how best to help us. She provides practical advice to help our business grow while mitigating risk.

6
Bradley Mandel
6
Band 6
Bradley Mandel has extensive experience of representing clients in the formation of closed-end and commingled funds. His clients include sponsors and institutional investors.

Bradley is a wonderful person to work with. He knows the market very well and gives great advice.

Ranked Lawyers at
Winston & Strawn LLP

Provided by Chambers
Filter by
Band

USA

Private Equity: Fund Formation

5
Megan Devaney
5
Band 5
6
Bradley Mandel
6
Band 6

Members

Provided by Winston & Strawn LLP

Alan Roth

Meg Frey

Scott Naidech