Akin, Gump, Strauss, Hauer & Feld LLP
John has advised on the establishment of LBO funds, venture capital funds, clean tech and renewable energy funds, emerging market funds, real estate funds, country specific funds (including funds for Germany, Denmark, the Netherlands, Hungary, China and India), distressed debt funds and mezzanine funds, amongst others. Unusually for a practitioner in this area, John advises both general partners and a number of major investors. Recent instructions include funds for Coller Capital, Pera Capital Partners, Turkven, ECM Equity Capital Management GmbH, and a large number of significant secondary transactions.
He has acted on innumerable spin-outs of private equity teams from financial institutions. He has substantial experience in secondary transactions and led the first European US$1 billion secondary deal, and has executed many since including the acquisition of the Abbey National portfolio by Coller Capital, the acquisition of 3i’s life sciences portfolio by a syndicate comprising DFJ Esprit, Coller and Harbourvest, and the acquisition from Lloyds bank of the BOS integrated finance portfolio.
In 2012, John represented Coller Capital in several major mandates including one of the largest secondaries fundraisings ever—Coller International Partners VI (CIP VI), which raised in excess of $5.5 billion; and what is believed to be the largest unsyndicated secondaries deal ever completed—the acquisition of £1.03 billion of private equity assets from Lloyds. O’Melveny was named “Private Equity Team of the Year” at the Legal Business Awards 2013 for this work.
John is recognised as a leading practitioner in the field of fund formation by Chambers and Partners which notes his “in-depth knowledge of all aspects of fund requirements” as well as his “brilliant negotiating skills”.