Chambers & Partners' USA - Nationwide Private Equity: Fund Formation table comprises the lawyers and firms nationally considered leaders for their representation of general partner clients in forming private equity funds. Buyout funds are perhaps the most commonly encountered in this area. However, many of the firms and attorneys listed also handle the structuring of private credit funds on behalf of sponsor clients, including direct lending, distressed credit and special situation funds. The third thread of fund formation most regularly seen here involves sector-focused vehicles; among the most numerous in this category are real estate, energy and technology funds.
Top-ranked firms in this chapter are notable for their relationships with big-name fund sponsors and involvement on the highest-value fundraises nationally. Kirkland & Ellis, for example, recently advised on the closing of the $16 billion Vista Equity Partners Fund VII. Global Infrastructure Partners called upon Debevoise & Plimpton to advise on the formation of its $22 billion global infrastructure fund. Simpson Thacher & Bartlett counts Carlyle and Blackstone, titans of this world, among its clientele.
Standout partners include Rebecca Silberstein of Debevoise & Plimpton; Marco Masotti of Paul, Weiss, Rifkind, Wharton & Garrison and Erica Berthou of Kirkland & Ellis.