Shreyas Jhaveri is a partner in Willkie’s Asset Management Department. He is based in the Firm’s New York office.
Shreyas focuses his practice on the formation, operation and regulatory compliance of private equity funds and other investment vehicles. He also advises institutional investors and represents purchasers and fund sponsors in connection with secondary transactions. He has advised on fund raises ranging in size from under $100 million to over $15 billion.
Shreyas has extensive experience advising managers of credit platforms on a wide-range of issues. Shreyas’s experience includes the formation of closed-end and open-end direct lending, mezzanine, special situations, opportunistic and distressed funds as well as separate account structures for a variety of U.S. and non-U.S institutional investors.
In addition to his experience as a fund formation attorney, Shreyas has also worked as a tax attorney advising private fund sponsors on structuring funds and their investments. He has also worked as fund formation and tax attorney in Mumbai, India.
Shreyas focuses his practice on the formation, operation and regulatory compliance of private equity funds and other investment vehicles. He also advises institutional investors and represents purchasers and fund sponsors in connection with secondary transactions. He has advised on fund raises ranging in size from under $100 million to over $15 billion.
Shreyas has extensive experience advising managers of credit platforms on a wide-range of issues. Shreyas’s experience includes the formation of closed-end and open-end direct lending, mezzanine, special situations, opportunistic and distressed funds as well as separate account structures for a variety of U.S. and non-U.S institutional investors.
In addition to his experience as a fund formation attorney, Shreyas has also worked as a tax attorney advising private fund sponsors on structuring funds and their investments. He has also worked as fund formation and tax attorney in Mumbai, India.
Experience
- Represented Veritas Capital in connection with the formation of its flagship private equity fund raising over $15 billion and its flagship predecessor fund raising $10.65 billion and a $700 million credit fund.
- Represented Ares Management in connection with the formation of Ares Pathfinder III raising $8.5 billion, the largest global asset-based finance fund in the market at the time, and also its predecessor fund raising $6.6 billion.
- Represented Ares Management on an open-ended core credit fund raising over $8 billion.
- Represented Adams Street on the formation of its third private credit platform with $4.7 billion in committed capital.
- Represented Audax on the formation of their flagship middle-market buyout fund raising over $5.25 billion and a companion small-cap fund raising over $800 million.
- Represented Audax on the formation of a mezzanine debt fund raising over $1.85 billion.
- Represented Audax Private Debt in connection with a $1 billion private debt continuation fund.
- Represented Comvest on the formation of an evergreen open-ended credit platform raising over $500 million in commitments.
- Represented Evolution Credit Partners on the formation of their flagship opportunistic credit fund raising over $750 million in commitments.
- Represented Summit Partners in connection with a $1.8 billion multi-fund GP-led reinvestment fund.
- Represented Comvest on the sale of a 75% stake in its private credit platform to Manulife and to create a stand-alone private credit asset management platform.
- Represented a global alternative investment manager on the formation of a joint-venture sponsor for a SPAC focused on financial services and fintech.
- Represented Whitehorse Liquidity Partners in connection with preferred equity solutions for a sponsor investing in GP stakes.
- Represented HPS Investment Partners, LLC (HPS) in connection with the formation of some of the largest dedicated mezzanine debt funds, a $6.6 billion Mezzanine Partners Fund III and a successor fund raising over $9 billion.
- Represented HPS in connection with the formation and offering of a $5.5 billion senior credit fund and a successor fund raising over $11.7 billion.
- Represented a leading global credit specialist on the structuring and offering of a $1.5 billion middle market credit fund.
- Represented a joint venture between a leading global credit specialist and Piramal Enterprise Limited on the structuring and offering of the India Resurgence Fund, for investing in distressed assets and special situations in India.
- Represented a joint venture between Lightsource BP and Everstone Group on the structuring and offering of Green Growth Equity Fund, with the government of U.K. and India's National Investment and Infrastructure Fund as anchor investors.
- Represented a multinational investment bank in connection with the structuring and operation of a senior credit fund.
- Represented Brookfield in connection with the offering of a number of co-investment funds, including to invest in Seoul IFC and Brookfield's acquisition of the Forest City REIT.
- Represented HPS in connection with its spin out from JPMorgan and sale of a minority stake in HPS to Dyal Capital Partners.
- Represented Goldman Sachs in acquiring an interest in BIP Investment Partners, a Luxembourg private equity fund manager.
*Shreyas advised on some of these matters prior to joining Willkie.
Credentials
Education
New York University School of Law, LL.M., 2012 Government Law College, B.L.S, LL.B., 2008
Bar Admissions
Clerkships
Hon. V.M. Kanade, Bombay High Court