The ‘very responsive and technically competent’ team at Sidley Austin has proactively kept abreast of fluctuating market conditions, successfully adapting and modifying its approach to best-suit its GP-focused client base. While fund raisings for private equity buyout funds have suffered somewhat of a hit due to economic headwinds, the firm has been front and centre in offering tangible solutions to GPs, whether it be in the form of establishing continuation funds, spin-off deals, as well as helping to restructure existing portfolios. The team has also, for example, been involved in an increasing number of credit fund mandates, a reflection of higher interest and tightening bank regulation. The ’outstanding’ David Lee has been integral to many of the strategic solutions for GP clients where he is effectively able to combine fund structuring and M&A expertise, for example, in the context of a manager spin-off. Effie Vasilopoulos left the firm.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'It is a very responsive and technically competent team.'
  • 'David Lee is very commercial and committed to the process and deal.'
  • 'David Lee is an outstanding funds lawyer who is able to build rapport with clients and always willing to go the extra mile. He is able to give good legal advice while still being mindful of commercial considerations.'

Key clients

  • UBS AG
  • BlackRock
  • Morgan Stanley
  • Ward Ferry
  • Canyon Partners
  • Sequoia Capital
  • Heyokha Brothers
  • Infini Capital Management Limited
  • DH International Limited
  • DASH Management Limited
  • NonaVerse (Hong Kong) Limited
  • Proterra Investment Advisors (Singapore) Pte Ltd

Other key lawyers

David Lee, Dominic James, Huberta Chow, Misha Yang