October 5, 2018
Willkie’s representation of Insight Venture Partners Fund X and PAI Europe VII is included in Law360’s list of the 10 largest PE fund closings to date in 2018.
Willkie’s role providing counsel on two of the largest private equity closings this year was featured by Law360 in a recent article, “Inside The 10 Largest PE Funds Through Q3 of 2018.”
In July, Willkie represented Insight Venture Partners, a leading global private equity and venture capital firm, in the closing of Fund X at $6.3 billion, the firm's largest to date. The oversubscribed fund will be used to further its leading growth equity technology investment engine. With the close of the new fund, Insight has a total of over $23 billion under management.
The Willkie team that advised Insight Venture Partners on IVP Fund X was led by partners Gordon Caplan and Arash Farhadieh and included partner Hillel Jacobson and counsel Daniel Mencaroni.
In March, Willkie represented PAI Partners in France on the fundraising of its seventh Pan-European private equity fund, PAI Europe VII. The fund was oversubscribed and reached its hard cap of €5 billion in less than six months.
PAI Partners is a major European private equity firm and is one of the largest private equity investors headquartered in Europe. PAI Europe VII will pursue investments in upper middle-market continental European companies, with a focus on PAI’s core sectors: business services, food & consumer goods, general industrials, healthcare and retail & distribution.
The Willkie team was led by partner Nathalie E. Duguay and included associates Raphaël Bloch, Maxime Hemled, Loïc Toilier and Patrick Biancaniello.
Representing more than 150 U.S. and international private equity sponsors as well as thousands of portfolio companies and management teams, Willkie is an active and longtime advisor of market-leading private equity and venture capital institutions operating across a broad range of geographies and industries. Willkie’s multidisciplinary private equity platform combines the deep transactional, fund formation and regulatory compliance resources of our attorneys across the U.S. and Europe. Our private equity fund formation group is an integrated practice representing sponsors in virtually all sectors, particularly buyout, credit, software and software-enabled, energy, real estate, and reinsurance funds. Over the past two years, we have represented sponsor side clients in forming 60+ funds.
