January 8, 2014 (New York, London) – Global law firm Proskauer has been shortlisted in the category of “Law Firm (Fund Formation) of the Year in Europe” by the 2013 Private Equity International Awards (PEI). PEI recognized the firm’s London Private Investment Funds team for its work “on fund closures with a total value of more than US$9 billion this year, with notable clients including HgCapital and Ares Management.” In addition, HgCapital was nominated for “Mid-Market Firm of the Year in Europe” in part due to its £2 billion seventh buyout fund, on which Proskauer’s London team advised.

Proskauer also handled two major deals in 2013 that were shortlisted in the Americas category. The US$6 billion acquisition of Neiman Marcus by an investor group, including funds managed by Ares Management and the Canada Pension Plan Investment Board, was nominated for “North American Deal of the Year.” The OMERS Private Equity acquisition of Caliber Collision Centers, in which the firm represented Senior Secured Loan Program, co-managed by GE Capital and Ares Capital, provided US$345 million in financing, was recognized in the category of “North American Exit of the Year.”

Since 2001, Private Equity International has conducted the industry’s largest annual global readers’ poll to determine which private equity funds and transactions market participants rate most highly. The awards include categories for fund managers and their activities as well as stand-out advisors and limited partners.

The winners will be announced on the PEI website and in the Annual Review, which will be released with the March 2014 issue of Private Equity International magazine.