News & Events

Funds Partner Peter Gilman was quoted in a Law360 article titled, “Inside The Largest PE Funds That Closed In Q2.” The article noted that despite a dip in overall PE fundraising amid the coronavirus pandemic, several sponsors were able to raise multibillion-dollar funds, and that the largest funds from the quarter highlight industry trends such as increased interest in distressed assets, technology and secondaries. Speaking to fundraising activity in special situations and distressed spaces, Peter commented that “[w]e have seen a significant increase in the number of clients seeking to pursue opportunistic or market dislocation strategies, either by establishing new bespoke investment products or by utilizing some of the available capital in their existing flagship funds.” Peter also explained that it is likely some funds are shifting from their original mandates to look into some element of opportunistic investing.

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