Cayman Finance’s Post

🚨 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗡𝗲𝘄𝘀: 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗠𝗼𝘃𝗲 𝗶𝗻 𝗟𝗼𝗻𝗱𝗼𝗻 🚨 David Pritchett, a seasoned investment funds lawyer, is set to join Paul, Weiss, Rifkind, Wharton & Garrison LLP as a partner in their Corporate Department within the Investment Funds Group in London. Pritchett's move follows in the footsteps of his former Kirkland & Ellis colleagues, Jeremy Leggate and James King, who were instrumental in launching Paul Weiss' U.K. funds practice earlier this year. With over a decade of experience advising investment fund sponsors on structuring and operating alternative investment funds, Pritchett's addition further bolsters Paul Weiss' growing presence in London. This move is part of a broader strategy by the firm to expand its capabilities in the city, following other notable hires such as Will Aitken-Davies from Linklaters and Chris Sullivan from Clifford Chance. The competition for top talent in London's funds practice remains fierce, as Paul Weiss and other leading firms continue to strengthen their teams. Stay tuned for further updates. #LegalIndustry #PartnerMove #LondonLegalMarket #InvestmentFunds #PaulWeiss #LawFirmNews

James Doyle, Global Head of our Corporate & Finance practice group, and private equity partner James Cross are featured in an IFLR article discussing how private capital is a strategic focus for our firm, particularly in London, a key hub for this practice. James Doyle commented: “Our clients are increasingly seeking greater capability in this sector, making it a natural place for us to increase our team so that we can help clients deliver leading transactions.” Meanwhile, James Cross reflects on the resilience of the private capital market: “In some ways it has been a bumpy period for private capital, with a difficult fundraising environment, high interest rates and reduced deal flow. However, private capital is an industry that finds ways to work through these challenges and to thrive.” Read the full article here (sign-in required): https://lnkd.in/e9MuVGGS #PrivateCapital #PrivateEquity #Investments #Strategy #Dealmaking

James Doyle, Global Head of our Corporate & Finance practice group, and private equity partner James Cross are featured in an IFLR article discussing how private capital is a strategic focus for our firm, particularly in London, a key hub for this practice. James Doyle commented: “Our clients are increasingly seeking greater capability in this sector, making it a natural place for us to increase our team so that we can help clients deliver leading transactions.” Meanwhile, James Cross reflects on the resilience of the private capital market: “In some ways it has been a bumpy period for private capital, with a difficult fundraising environment, high interest rates and reduced deal flow. However, private capital is an industry that finds ways to work through these challenges and to thrive.” Read the full article here (sign-in required): https://lnkd.in/eEs8sjQ5 #PrivateCapital #PrivateEquity #Investments #Strategy #Dealmaking

I am proud to pass on that BDO VCMA's very own Guillaume Savreux along with Alex Amper from BDO Switzerland have written an insightful an article that examines the state of the global commercial real estate market. Learn more. #MAndA #RealEstate

James Doyle, Global Head of our Corporate & Finance practice group, and private equity partner James Cross are featured in an IFLR article discussing how private capital is a strategic focus for our firm, particularly in London, a key hub for this practice. James Doyle commented: “Our clients are increasingly seeking greater capability in this sector, making it a natural place for us to increase our team so that we can help clients deliver leading transactions.” Meanwhile, James Cross reflects on the resilience of the private capital market: “In some ways it has been a bumpy period for private capital, with a difficult fundraising environment, high interest rates and reduced deal flow. However, private capital is an industry that finds ways to work through these challenges and to thrive.” Read the full article here (sign-in required): https://lnkd.in/efvx6Skf #PrivateCapital #PrivateEquity #Investments #Strategy #Dealmaking

James Doyle, Global Head of our Corporate & Finance practice group, and private equity partner James Cross are featured in an IFLR article discussing how private capital is a strategic focus for our firm, particularly in London, a key hub for this practice. James Doyle commented: “Our clients are increasingly seeking greater capability in this sector, making it a natural place for us to increase our team so that we can help clients deliver leading transactions.” Meanwhile, James Cross reflects on the resilience of the private capital market: “In some ways it has been a bumpy period for private capital, with a difficult fundraising environment, high interest rates and reduced deal flow. However, private capital is an industry that finds ways to work through these challenges and to thrive.” Read the full article here (sign-in required): https://lnkd.in/gKbm6Axy #PrivateCapital #PrivateEquity #Investments #Strategy #Dealmaking

A study from Barnes & Thornburg LLP found that key person clauses are among the fund terms most likely to increase in prevalence this year as LPs gain more leverage. In certain instances, LPs have pushed for stronger key person clauses, Scott Beal tells Private Equity International. #privateequity “We’ve also seen instances where LPs have sought to tailor the devotion of time requirements to tie those to the specific fund as opposed to the manager’s business more generally…. [as well as] a number of instances where LPs prefer automatic termination of the investment period upon a key person event – with the LPs having the ability to turn the investment period back on as opposed to vice versa,” he adds. Recent senior executive changes that are understood not to have triggered key-person provisions include the departure of Tassilo N. Arnhold, co-head of financial services-focused firm AnaCap, in May. Over the past two years, Ardian has lost the head of its buyout team, as well as its UK and US heads, among others. In 2021, Vista Equity Partners saw the departure of Alan Cline and Rob Rogers – neither of which triggered key person events. Read more: https://okt.to/QaT8I1

Humza Khan, George Fieldhouse, and Greg Westfall from Grant Thornton UK LLP and Grant Thornton LLP (US) have shared insights on the Private Equity deals landscape in the Private Equity Review 2023. Read more about the trends and future of PE deals in the latest report here: https://lnkd.in/ezXkHbCR #PrivateEquity #PEDeals #GrantThornton #Insights

Today marks a significant moment for Cooper Parry We've just closed our sixth deal in 2023, and it's a game-changer for us. 🚀    The deal with Haines Watts’ London and South-East (HWSE) audit and advisory businesses completed late last night.     The business is now officially part of the CP team.     12 months in the making, the deal has propelled CP to a £125m turnover, added 11 offices, 63 partners, and increased our headcount to 1,150 people. 📈    This has taken us to the next level as a genuine UK mid-market heavyweight and the UK's 11th-largest accountancy firm, marking a tripling in size over the last 12 months since we partnered with Waterland Private Equity. 💥    You can read more about the deal here: https://bit.ly/3urwfjx   #Growth #News #Acquisition #Deal #Accountancy #Welcome #Team  

Today marks a significant moment for Cooper Parry We've just closed our sixth deal in 2023, and it's a game-changer for us. 🚀    The deal with Haines Watts’ London and South-East (HWSE) audit and advisory businesses completed late last night.     The business is now officially part of the CP team.     12 months in the making, the deal has propelled CP to a £125m turnover, added 11 offices, 63 partners, and increased our headcount to 1,150 people. 📈    This has taken us to the next level as a genuine UK mid-market heavyweight and the UK's 11th-largest accountancy firm, marking a tripling in size over the last 12 months since we partnered with Waterland Private Equity. 💥    You can read more about the deal here: https://bit.ly/3urwfjx   #Growth #News #Acquisition #Deal #Accountancy #Welcome #Team