Proskauer

Representative matters:

• HarbourVest Partners as co-lead investor in a €1.63 billion multi-asset continuation fund sponsored by Triton to acquire four existing portfolio companies from Triton Fund IV.
• A secondaries investor as the lead investor in a circa $740 million fund of funds to acquire a portfolio of LP interests and provide additional capital for new investments.
• Hamilton Lane as a co-lead investor in a single-asset secondary transaction completed by Vance Street Capital LLC, to extend Vance Street’s partnership with Jet Parts Engineering.
• Pantheon as the sole lead investor in a £551 million multi-asset infrastructure continuation fund sponsored by Ancala Partners to acquire three infrastructure assets from Ancala Infrastructure Fund I.
• StepStone Group in its role as senior lead investor in a €563 million continuation fund established by Ufenau Capital Partners to acquire two existing assets from Ufenau V.
• CPP Investment Board as an investor in a circa $500 million single-asset continuation fund sponsored by GHO Capital Partners to acquire existing portfolio company Validant, a leading international provider of quality, compliance and regulatory affairs consulting to Biotech, Pharma and MedTech companies.
• Link Fund Solutions in the £223.9 million sale of stakes in 19 public and private life sciences companies to Acacia Research Corporation by the LF Equity Income Fund, the former flagship Neil Woodford fund.
• Pantheon in its equity investment as part of the proposed £2 billion takeover by KKR of John Laing Group plc.
• HarbourVest Partners as the buyer in a GP-led tender offer in a European fund of funds.
• A consortium of international secondaries fund sponsors led by Pantheon and Aberdeen Standard in a fund recapitalisation involving the single-asset transfer of KD Pharma Group, a German vitamin supplement manufacturer, and related investment transaction.
• DH Private Equity in its sale of the two remaining assets in fund DH IV to fund DH IV.1, a new multi-asset continuation fund also managed by DH Private Equity.
• HarbourVest Partners in its £806.6 million acquisition of the investment portfolio of SVG Capital, a publicly listed investment fund. The acquisition followed an initial £1,015 million takeover offer by HarbourVest Partners for SVG Capital. The deal has been recognised by various industry award schemes, including the PEI Awards and being named Private Equity Deal Of The Year at the IFLR European Awards.