law firms

The law firm has been growing its PE funds team, which advised on 150 secondaries deals worth $17.5bn in 2019.

The appetite for recapitalisations of small numbers of high-performing assets is adding opportunities (and challenges) to the GP-led market, say Travers Smith partner Sam Kay and senior associate Ed Ford.

Ropes & Gray advised on more than 150 deals worth $17.5bn in 2019, according to the Secondaries Investor Law Firm Survey 2020. 

The law firm advised on more than $57bn-worth of secondaries transactions last year and represented GPs including Audax Group and Clearlake Capital Group.

Debevoise & Plimpton worked on $9.7bn of secondaries transactions in 2019, all in private equity, according to Secondaries Investor's latest legal survey.

Proskauer advised on $20.9bn of secondaries deals last year, one of the most active law firms in the market.

The law firm advised on more than 150 secondaries transactions in 2019 with a value of $17.5bn, according to Secondaries Investor's annual law firm survey.

Clarity on withholding tax issues for non-US investors means secondaries trades can now be conducted with greater ease, write Macfarlanes’ James McCredie and Florence Barnes.

Four Kirkland & Ellis secondaries lawyers have been promoted to partner out of 15 across the investment funds team worldwide.

The two law firms were the first- and second-most active in the secondaries market last year.