England - London • Corporate and commercial

Cleary Gottlieb Steen & Hamilton

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Cleary Gottlieb Steen & Hamilton 's City private equity practice is regularly called in to advise on transactions including minority stake deals and financings. Practice head Michael Preston – who is praised, along with Michael James, as ‘responsive, and incredibly knowledgeable’ - is an active transactional adviser whose recent engagements include investments and majority stake acquisitions for various foreign sponsor clients. Gabriele Antonazzo is well regarded for his multijurisdictional capabilities, regularly advising on deals involving European and Asian markets.  The team has seen significant investment in recent months, with highly experienced partner Ian Shawyer joining from Travers Smith LLP in May 2023.  The team was further boosted by the addition of leveraged finance partner Edward Aldred and counsel Christy O’Connell, both of whom joined from Linklaters LLP the same month.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Solid private equity team. Handles cross border transactions well and manages lawyers from different jurisdictions well.’

  • ‘Gabriele Antonazzo is very easy to communicate, gives clear and practical advice, and proactively brings up new business opportunities.’

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Key clients

  • Consortium: Blackstone, Cascade, and Global Infrastructure Partners
  • British International Investment

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Work highlights

  • Representing a sovereign wealth fund and TPG Capital on the restructuring of their investment in UPL Corporation and their acquisition of a minority stake in UPL Sustainable Agri Solutions.
  • Advising Cerberus Capital Management and its portfolio company My Money Group in the proposed acquisition of HSBC Continental Europe’s retail banking in France.

Abbreviated data is displayed for this firm.