Aalok Virmani

Representative Fund Formations

• Arbor Investments in the formation of its fifth private equity fund, Arbor Investments V, LP, as well as its second captive subordinated debt fund, Arbor Debt Opportunities Fund II, LP.
• Arcline Investment Management in the formation of its initial flagship fund, Arcline Capital Partners LP, and second flagship fund, Arcline Capital Partners II LP.
• Lilly Asia Ventures in the formation of its fifth USD life sciences fund, LAV Biosciences Fund V, L.P., and sixth USD life sciences funds, LAV Fund VI, L.P. and LAV Fund VI Opportunities, L.P.
• Nautic Partners in the formation of its ninth flagship fund Nautic Partners IX LP.
• NGP Energy Capital Management in the formation of its $4 billion NGP Natural Resources XII fund.
• Warren Equity Partners in the formation of its second private equity investment fund, Warren Equity Partners Fund II, L.P., and third private equity investment fund, Warren Equity Partners Fund III, L.P.

Representative Fund Transactions and Restructurings

• Francisco Partners in a minority investment in the private equity firm by Blackstone’s Strategic Capital Group and Goldman Sachs Asset Management’s Petershill program.
• HarbourVest Partners backing of Telstra Corporations’ spin-off of Telstra Ventures’ $500 million fund with existing stakes in U.S. and non-U.S. technology and software businesses.
• Vector Capital in a minority investment in the private equity firm by Dyal Capital Partners, and a restructuring and recapitalization of its Vector Capital II and Vector Capital III funds for approximately $450 million.

Other Representations

• Limited partner representations for various types of investors, including sovereign wealth funds, funds of funds and family offices.
• Leading hedge fund sponsors in the formation of new funds and reorganizations of existing fund structures.
• While at Equity International, Aalok managed portfolio company acquisitions and dispositions, planned cross-border reorganizations, secured U.S. and local asset step-ups, maximized utilization of foreign tax credits, losses, and other tax attributes, mitigated CFC and PFIC issues, designed and implemented treaty-based holding company structures and operated local country special purpose vehicles. Equity International’s portfolio companies were located across Latin America, Asia-Pacific and Europe and operated in a variety of real estate sectors.

Equity International, Senior Vice President, Tax

• SAMHI Hotels, Member of the Board, Audit Committee
• Grupo Acosta Verde, Audit Committee member
• Decameron Hotels & Resorts, Audit Committee member

KPMG LLP, M&A and International Tax practices