Fund Finance
- Representation of leading investment funds in transactions including subscription/capital call facilities, NAV-secured facilities, hybrid facilities, topco private notes placements, GP financings, management fee-secured lines, employee co-invests, GP stakes transactions, professional loan programs, management company revolvers and portco affairs.
- Representative clients include: AE Industrial Partners, Alpine Investors, Amulet Capital Partners, Ares Management, Ascend Capital Partners, Aurora Capital Partners, Bayou City Energy, Clearlake Capital, Dermody Properties, Digital Alpha Advisors, Dunes Point Capital, Formentera Partners, Greenbriar Equity Group, InvestIndustrial, King Street Capital Management, Landmark Properties, LaSalle Investment Management, Lightbay Capital, Lovell Minnick Partners, Luminate Capital Partners, Maple Park Capital, Mill Point Capital, Origami Capital Partners, Paine Schwartz Partners, Prime Group Holdings, Pritzker Private Capital, Riverbend Energy Group, Shore Capital Partners, Silver Oak Services Partners, Sunstone Partners, Tenex Capital Management, Thoma Bravo, Tract Capital Management, Trinity Hunt Partners, Warburg Pincus and Warren Equity Partners.
- A private equity sponsor in a $6 billion umbrella facility.
- Silver Oak Services Partners in the recapitalization of Smile Partners USA via a single-asset continuation fund.
- A private equity sponsor in a $1 billion+ complex financial transaction involving a combination of equity and debt into multiple structured vehicles collateralized by subordinated notes.
- Warburg Pincus in its flagship oversubscribed Global Growth 14 Fund with $17.3 billion in LP commitments.
Alternative Capital Solutions and General Financing
- A real estate firm in a $600 million facility to fund the design and construction of data centers across the United States.
- CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, in its $7.5 billion debt facility, at the time the largest private debt financing in the United States.
- A midstream oil and gas company in a $900 million+ 144A senior secured notes issuance and superpriority revolver.
- Denbury Inc. in the refinancing of its $1.5 billion revolving credit facility.
- Maverick Natural Resources in the issuance of $640 million of asset-backed securities secured by Maverick’s Western Anadarko Basin producing wells, as part of a master trust.
- Additional representation of various energy industry clients including Hatch Resources, Mach Natural Resources and Shoals Technologies Group.
Acquisition Financing and Acquisitional Debt Advisory
- Maverick Natural Resources in its $1.3 billion sale to Diversified Energy.
- A private equity firm in the acquisition of a foreign electric vehicle charging network.
- Maple Park Capital in a warehouse credit facility to fund a majority growth investment in Rita’s Italian Ice.
- Howard Energy Partners in its acquisition of equity interests in Midship Pipeline from Cheniere Energy.
- Denbury Inc., formerly the only U.S.-based public company of scale with a focus on carbon capture, use and storage and enhanced oil recovery, in its $4.9 billion sale to ExxonMobil, creating the largest owned and operated CO2 pipeline network in the United States.
- Buyers in multiple GP stakes transactions for targets managing over $100 billion in aggregate AUM.
Other Strategic Transactions
- Rusoro Mining Ltd. in its credit bid for PDV Holding, Inc. (PDVH), the indirect parent company of CITGO Petroleum Corp.
- Blackstone Inc. in connection with the sale of Lightstone Generation LLC, a portfolio company that invests in numerous power generation facilities across the U.S., to Energy Capital Partners.
- KKR in its acquisition of a majority equity stake in Avantus, a premier developer of large utility-scale solar and solar-plus-storage projects, providing $1 billion+ in equity and debt commitments alongside EIG.
- Energy Impact Partners in its joint venture with OceanSound Partners to acquire Message Broadcast, a provider of customer engagement software for the electric utility industry.
