Secondaries Investor Law Firm Survey

Ropes & Gray has broken Kirkland & Ellis’s stronghold on the secondaries market amid a continued shift toward sponsor-initiated deals.

The Boston-headquartered law firm advised on $146 billion-worth of secondaries transactions in the year to end-October across recapitalisations, preferred equity deals, single-asset recapitalisations, spin-outs and classic secondaries deals, according to the Secondaries Investor Law Firm Survey 2023.

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