Private Equity: Fund Formation - USA
What the team is known for
Cleary Gottlieb has deep expertise structuring private equity funds and alternative investment products that are offered in the USA, Europe, Asia and Latin America. Likewise proficient in counseling limited partners on their investments in private equity, hedge and real estate assets. Also noted for its advice on strategic minority investments to fund managers. Experienced in the formation of a range of private funds including credit and special situations funds.
Strengths
"The Cleary team brings deep expertise, coupled with strong collaboration amongst its departments to provide clients with excellent counsel and client service."
"The funds team is able to handle complex matters that require expertise and coordination across multiple practices. They also emphasize client service and responsiveness."
"Cleary's group are thoughtful, commercial and always closely attuned to client needs. They assemble a well-balanced team with great in-depth experience."
Work highlights
Cleary assisted Polychain Capital on a number of fund-related matters, including advising on upper-tier governance and capital raising.
Notable practitioners
Michael Gerstenzang is admired for his expertise in credit, secondary and growth funds. "Michael is a very sharp lawyer."
Elizabeth Lenas is highly regarded for her experience in the fund raising and closing of buy-out, credit and growth funds. Her clients are primarily fund sponsors and include those establishing some of the nation's largest funds. "She is a pleasure to work with and she's thoughtful." "Elizabeth is a wonderful attorney with a keen sense of client service."
Maurice Gindi's fund formation practice covers the full range of private equity fund structures. "Maurice's technical skill, thoughtfulness, enthusiasm, client service and sophistication set him apart." "He has a high degree of experience and knowledge."
Adrian Leipsic is gaining recognition for his practice, which includes launching buy-out and social impact funds. He has further experience of advising sponsors on joint ventures. "He is commercial and very smart. He is a pleasure to work with." "Adrian is our go-to lawyer for complex, novel and thorny issues."