Ranking tables

Investment Funds: Private Equity: Fund Formation | Global

Global: Multi-Jurisdictional

The entirety of private equity sponsor-side fund formation work, with the exception of venture capital funds, is covered in this subsection. Funds covered include, but are not limited to; buyout, secondaries, hybrid and debt funds. The formation of sector-focused funds, such as those investing in real estate and infrastructure, is also covered here.

All Departments profiles

1

Band 1

  1. Clifford Chance LLP
    1
    Clifford Chance LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 1 | 4 Years Ranked

    Clifford Chance's longstanding fund formation practice is known for its cross-border strengths and extensive expertise in private equity, debt and infrastructure fund matters. Housing a leading practice in Frankfurt and strong teams in London and Hong Kong, Clifford Chance offers:       

    • Advice on a broad spectrum of investment fund mandates and particular experience handling high-value real estate funds.       

    • Comprehensive expertise in related practice areas, including tax law and investment regulatory matters.       

    • Experience representing a number of leading global fund managers, insurance companies and private banking businesses.       

    • In-depth knowledge of alternative funds and secondary market transactions.

  2. 1
    Fried, Frank, Harris, Shriver & Jacobson LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 1 | 4 Years Ranked

    Fried Frank has a respected US-based practice, driven by its market-leading New York team and bolstered by a capable London office. Fried Frank offers:

    • In-depth knowledge of investment fund mandates, acting for a wide range of financial institutions and private equity firms in connection with big-ticket funds.

    • Experience in closed and open-ended funds on a multi-jurisdictional basis, with added support from its regulatory and tax teams.

    • Pioneering expertise in alternative investment funds, evidenced by the formation of Women in Fund Finance to promote women leaders within the alternative investment fund finance industry.

  3. Simpson Thacher & Bartlett LLP
    1
    Simpson Thacher & Bartlett LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 1 | 4 Years Ranked

    Simpson Thacher offers a highly regarded team praised for its strength handling a variety of ultra high-value funds and regularly advising leading private equity houses and sponsors. With a significant presence across the USA, the UK and Asia, the law firm offers:

    • Comprehensive investment fund advice, including on structuring, formation and wider regulatory issues.

    • Expertise in several alternative structures, including distressed, mezzanine, debt and emerging markets funds.

    • Experience acting for major tax-exempt organisations in connection with investment matters.

  4. Debevoise & Plimpton LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 1
  5. Kirkland & Ellis
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 1
2

Band 2

  1. Goodwin
    2
    Goodwin
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 2 | 4 Years Ranked

    Goodwin is a respectable funds practice with practitioners operating in key locations in Europe and North America, with particularly strong teams in London, New York and Boston. Goodwin offers:

    • High-level investment fund expertise with an impressive reputation for handling major real estate, private equity and venture capital funds on a global basis.

    • In-depth knowledge in all aspects of fund formation work, including structuring and compliance issues.

    • A diverse client base that consists of leading asset managers and private equity houses.

    • Extensive expertise in a host of connected practice areas, including tax, finance and securities law.

  2. 2
    Latham & Watkins LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 2 | 2 Years Ranked

    Latham & Watkins is highly regarded for its funds practice, with a strong reputation for transatlantic work, housing impressive teams in London and New York. The law firm offers:

    • Experience handling the full range of funds work including the structuring of funds, tax and regulatory aspects.

    • Sector expertise across energy, power and infrastructure-related matters.

    • A strong track record advising clients from across the globe, handling instructions from the Middle East, South America and Asia.

  3. Linklaters
    2
    Linklaters
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 2 | 4 Years Ranked

    Linklaters is recognised for its longstanding reputation in the fund formation market, with notable strength in its various global financial centres. The law firm offers:

    • Significant experience handling structuring, formation and management matters for private equity and real estate-focused funds, alongside roles advising on tax and regulatory issues arising from fund launches.

    • Advice to clients on blockchain and cryptocurrency matters.

    • Effective coordination between its New York, Hong Kong, London, Frankfurt and Luxembourg offices.

  4. Proskauer Rose LLP
    2
    Proskauer Rose LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 2 | 4 Years Ranked

    Proskauer Rose boasts private equity fund formation strength in key locations, including London, Boston and New York. The law firm offers:

    • A wide range of expertise across various fund matters, including primary investments, structuring and secondary transactions.

    • In-depth knowledge of regulatory issues and advice to clients on compliance and internal governance issues.

    • Experience acting for major sponsor clients as well as leading institutional investors.

  5. Ropes & Gray LLP
    2
    Ropes & Gray LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 2 | 4 Years Ranked

    A well-established funds practice with capable teams in all major financial locations, notably in the USA and Asia. Ropes & Gray offers:

    • Notable strength in investment fund matters as well as related expertise in regulatory issues.

    • Experience acting for an array of high-end and mid-market private equity firms, in addition to major investors such as sovereign wealth funds and pension funds.

    • Assistance to clients with SEC registrations and examinations.

  6. Weil, Gotshal & Manges LLP
    2
    Weil, Gotshal & Manges LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 2 | 4 Years Ranked

    Weil, Gotshal & Manges has a well-regarded fund formation practice with a significant presence across major financial centres such as London and New York. Weil offers:

    • A distinguished team with a broad scope of expertise, ranging from mid-market to mega funds, with a particular focus on the private equity and real estate areas.

    • A wide range of related expertise with noted strength in tax law, regulatory compliance, and restructuring and insolvency.

    • Notable experience acting for first-time fund managers and venture capital funds.

3

Band 3

  1. Akin
    3
    Akin
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 1 Years Ranked

    Akin has a noteworthy hedge fund team with a significant presence in the UK, US and Asia. Akin offers:

    • Representation of an array of high-profile fund managers, who turn to it for advice on a diverse range of matters in the funds space, including structuring, formation, seed capital arrangements and hybrid structures.

    • Expertise in regulatory investigations, defending enforcement actions and handling related litigation matters.

    • Considerable experience handling fund matters in the real estate and infrastructure sectors.

  2. Dechert LLP
    3
    Dechert LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 4 Years Ranked

    Dechert is highly regarded for its capabilities in the hedge fund area, with experienced practitioners based in Hong Kong, in London and across the USA. The law firm offers:

    • Advice on all aspects of hedge fund formation, structuring and fund-related compliance matters.

    • A full-service approach, with the ability to draw from its resources in its tax, corporate law and civil and criminal litigation groups.

    • Effective counsel to a wide range of clients, including several financial institutions and an impressive array of startup clients and major fund managers.

  3. Gibson, Dunn & Crutcher LLP
    3
    Gibson, Dunn & Crutcher LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 4 Years Ranked

    Gibson, Dunn & Crutcher's fund practice is noted for its expanded presence in the global market, with sizeable teams in New York, Hong Kong and Singapore. The law firm offers:

    • Extensive advice across various aspects of fund work, including formation, compliance, restructuring and tax issues.

    • Experience acting for a wide range of clients, including major financial institutions, asset managers and large family offices, with particular expertise in private equity matters.

    • In-depth litigation services, with regular representation of asset managers in connection with commercial disputes and compliance-related investigations.

  4. Paul Hastings LLP
    3
    Paul Hastings LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 1 Years Ranked

    Paul Hastings has an impressive fund formation practice, with robust teams in the USA and the UK. The law firm offers:

    • Expertise in all aspects of fund formation matters.

    • An impressive client base that includes sponsors and investors.

    • A team of lawyers able to handle complimentary tax and regulatory concerns.

  5. Paul, Weiss, Rifkind, Wharton & Garrison LLP
    3
    Paul, Weiss, Rifkind, Wharton & Garrison LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 4 Years Ranked

    Paul, Weiss, Rifkind, Wharton & Garrison is a US-based firm boasting a premier New York investment funds practice, with additional support from its offices in London, Hong Kong, Tokyo and Toronto. Paul, Weiss offers:

    • Expertise in a wide range of funds matters spanning private fund formation and management, investment and buyout transactions.

    • An aptitude for representing large private equity houses and asset managers.

    • The ability to coordinate with colleagues overseas, advising on cross-border issues for US funds with interests abroad.

  6. Sidley Austin LLP
    3
    Sidley Austin LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 1 Years Ranked

    Widely acclaimed for its extensive experience in hedge fund matters, Sidley Austin boasts an impressive international reach through its established presence in New York, London and Hong Kong, alongside broader resources in Europe, Latin America and the Middle East. The law firm offers:

    • A highly rated practice known for its strength acting for fund managers, calling upon a dedicated team recognised for its expertise in transactional and regulatory work across key jurisdictions.

    • Advice across the equities, fixed-income and derivatives markets.

    • In-depth knowledge of emerging technologies such as blockchain, big data and artificial intelligence.

  7. Willkie Farr & Gallagher LLP
    3
    Willkie Farr & Gallagher LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3 | 1 Years Ranked

    Willkie Farr & Gallagher has impressive capabiilities in the investment fund space, with strong teams in the UK and the USA. The law firm offers:

    • Experience working with investors, pension funds and investment banks.

    • Expertise in handling structuring, formation and regulatory issues.

    • A full-service offering, with strong tax and corporate teams.

  8. Cleary Gottlieb Steen & Hamilton LLP
    Investment Funds: Private Equity: Fund Formation
    2025 | Band 3