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Larissa R. Marcellino

Partner, Private Equity
New York New York lmarcellino@willkie.com lmarcellino@willkie.com +1 212 728 8039 +1 212 728 8039
Asset Management Private Funds Corporate & Financial Services

Larissa R. Marcellino is a partner in the Asset Management and Corporate & Financial Services Departments as well as the Private Equity Practice Group. Larissa routinely advises private capital sponsors and stakeholders on a broad range of strategic transactions and complex initiatives, including cross-fund and GP-led transactions, liquidity solutions, spin-out transactions, fund formation (including for private equity, venture capital and credit asset classes), GP stake sales and joint ventures. Larissa also regularly advises on management company arrangements, carried interest / incentive plans, succession planning and co-investment matters, as well as related regulatory and compliance considerations.  Larissa also advises emerging managers and family offices in the establishment of their firms and investment funds.

With an industry focus on financial services, Larissa also regularly advises sponsors, boards and special committees on strategic public and private transactions at the intersection of insurance and asset management.

Larissa is recognized by New York Super Lawyers as a Rising Star (2017, 2018, 2023, 2024). Legal 500 (2024) notes client praise for Larissa’s “quarterback role” in the private equity funds category. Prior to joining Willkie, Larissa was general counsel of Aquiline Capital Partners, a private investment firm specializing in financial services and technology.

 

Experience

Prior to joining Willkie in 2022, Larissa previously served as General Counsel of Aquiline Capital Partners, a New York and London-based private investment firm. During her tenure there, Larissa advised Aquiline on fund formation, fund counseling, regulatory, co-investment and M&A matters across Aquiline’s private equity, venture and credit strategies.  Prior to joining Aquiline in 2018, Larissa focused on private equity transactions and mergers and acquisitions at another large international law firm.
  • New York Super Lawyers – Rising Stars (2017-2018, 2023-2024)
  • Larissa is a member of the New York City Bar Association Private Investment Funds Committee.
  • Advised the Special Committee of The Westaim Corporation (TSXV: WED) in connection with the creation of an integrated insurance and asset management platform by CC Capital and The Westaim Corporation
  • Aquiline on the close of its Continuation Fund, which raised approximately $1.1 billion of capital commitments
  • Jim Pieri, Managing Partner and Chief Investment Officer of Assured Healthcare Partners LLC (AHP), an independent healthcare investment management firm, in the spinout of AHP from Assured Guaranty Ltd.
  • Aquiline Capital Partners and portfolio company Fullsteam, a leading payments and software company, in a significant investment from Aquiline and the Abu Dhabi Investment Authority

Credentials

Education

McGill University, B.C.L., 2011 McGill University, LLB, 2011 McGill University, B.A., 2008

Bar Admissions

New York Massachusetts