Debevoise promotes secondaries professional

Debevoise has promoted a London-based lawyer who worked on Lloyds Banking Group’s 2012 sale of $2 billion worth of private equity stakes to Coller Capital.

Delphine Jaugey, a member of the firm’s funds and investment management group, was promoted to international counsel, according to a statement.

Jaugey’s secondaries work includes traditional and complex deals, such as advising a secondaries firm on its acquisition of venture capital and private equity interests from a European GP, and a US fund restructuring, according to Debevoise’s website.

Lloyds’ sale of 65 private equity interests and direct investments to Coller’s 2012-vintage $5.5 billion Coller International Partners VI fund is also listed in her experience.

She also advises on fund formation, co-investments and carried interest arrangements, among others.

The promotions were part of six to counsel or international counsel at the firm effective 1 January.

Debevoise’s secondaries deals last year included advising HarbourVest Partners on Lime Rock Partners’ $1.9 billion fund restructuring and Glendower Capital‘s fundless sponsor restructuring with Argonne Capital.