Adrian Leipsic

Practice Areas

Adrian Leipsic’s practice focuses on the structuring, formation and operation of private investment funds.

He has represented sponsors across a broad range of alternative asset classes, including private equity, credit, real estate, infrastructure, secondaries, fund of funds, and digital assets. Adrian’s career has included a significant focus on establishing funds with inventive and unconventional structures, including evergreen and “permanent capital” vehicles across the liquidity spectrum – such as private and public business development companies, long-dated funds, hybrid funds, and other vehicles with novel and complex features. He also advises fund sponsors in connection with negotiating “seed” investments, joint ventures and other internal arrangements.

Adrian is a frequent speaker on private funds matters at industry roundtables and conferences and regularly contributes to in thought leadership in the space.

Adrian’s representative funds clients include Brookfield Asset Management, Blackstone, Sixth Street and TPG.

Career

Adrian joined the firm in 2006 and became a partner in 2015.

B.C.L./LL.B., McGill University, Faculty of Law (2006); B.A., McGill University (2001).

Publications

“Unique Features of GP Led Private Credit Secondaries Funds,” Private Equity Law Report, May 15, 2025

“Private Credit Managers Consider Smaller Fund Targets,” Creditflux, March 17, 2025

“2025: Heralding a New Regulatory Era for Private Funds and Advisers,” Cleary Gottlieb's Private Funds Bulletin, March 4, 2025

“Mezzanine Funds Broaden Offerings as Borrowers Seek Customisation and Flexibility,” Creditflux, February 21, 2025