Freshfields advises General Atlantic on a minority investment in Partners Capital
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising General Atlantic on a minority investment in Partners Capital Investment Group (“Partners Capital”). Investment funds managed by General Atlantic are establishing this minority position by buying a portion of the equity currently held by Partners Capital’s longstanding external shareholders and some of the founding generation partners.
The transaction is expected to complete later this year subject to certain regulatory conditions and client consents.
The Freshfields cross-practice team advising on this cross-border transaction is jointly led by London-based private capital partners Victoria Sigeti and James Scott, senior associate Hannah Turton and associates Emily Gidda and Stephanie Paterson, and New York-based partner Andrea Basham. Partner Cyrus Pocha and senior associate Claire Harrop are advising on the regulatory aspects, together with partners Brian Rance (US), Matt O’Callaghan (Hong Kong) and Marc Perrone (France). Partner May Smith, supported by senior associates Emily Szasz and David Haughey, and partner Joe Soltis, supported by senior associate Courtney Canning, are leading on UK and US tax respectively.