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Ask Paul, Weiss Anything! (2025/26)
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<blockquote data-quote="Alex - Paul Weiss" data-source="post: 217670" data-attributes="member: 42284"><p>Thanks for the question. Given portfolio companies are owned by sponsors, we would often end up working for them via existing sponsor relationships we have on bolt-ons/general corporate work. If we worked on the original acquisition, we would have a good understanding of the portco, the contacts there and it would therefore make sense for us to act for them. We do secondaries work across our funds/M&A teams acting for sponsors wanting to roll one or more of their existing investments into a continuation vehicle. I worked on one of these during my first year and while complex (given there were 4 companies instead of 1) it was interesting and particularly relevant given sponsors' current focus on returning capital to LPs in different ways (given difficulty of exits).</p><p></p><p>On recent deals, I would suggest you look at the news/the firm website/Linkedin as, given a number of matters are confidential (especially those we are currently working on), I wouldn't be able to say outside of official communications.</p></blockquote><p></p>
[QUOTE="Alex - Paul Weiss, post: 217670, member: 42284"] Thanks for the question. Given portfolio companies are owned by sponsors, we would often end up working for them via existing sponsor relationships we have on bolt-ons/general corporate work. If we worked on the original acquisition, we would have a good understanding of the portco, the contacts there and it would therefore make sense for us to act for them. We do secondaries work across our funds/M&A teams acting for sponsors wanting to roll one or more of their existing investments into a continuation vehicle. I worked on one of these during my first year and while complex (given there were 4 companies instead of 1) it was interesting and particularly relevant given sponsors' current focus on returning capital to LPs in different ways (given difficulty of exits). On recent deals, I would suggest you look at the news/the firm website/Linkedin as, given a number of matters are confidential (especially those we are currently working on), I wouldn't be able to say outside of official communications. [/QUOTE]
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