Proskauer Advises Ares on $2.4 Billion Structured Funding Partnership
Deal News | Apr 23, 2025 | Proskauer Rose (UK) LLP
In a significant development in the realm of private market secondaries, Proskauer Rose (UK) LLP has announced its role as legal advisor to Ares Management Alternative Credit funds (Ares) in a landmark partnership with Coller Capital to establish a $2.4 billion structured funding vehicle. This vehicle, the largest of its kind in the secondary market, is tailored for investments in both private equity and private credit secondaries. Coller Capital also secured collaboration with Barings Portfolio Finance as the lead lender, with both Coller and Ares enhancing the credit arrangements. Proskauer's expertise guided the transaction through its global finance and private fund specialists, affirming its reputation as a leader in advising on large-scale, complex financial transactions. The announcement underscores Proskauer's robust capability in facilitating transformative deals across diverse jurisdictions and industries.
Sectors
- Private Equity
- Finance
- Legal Services
Geography
- United States – Ares Management is based in the United States, a key player in this transaction.
- United Kingdom – Proskauer Rose (UK) LLP played a pivotal role as advisor, signifying the UK's involvement.
Industry
- Private Equity – The deal involves investments in private equity secondaries, a critical aspect of the private equity industry.
- Finance – Involves structured funding vehicles and finance-related advisory services provided by Proskauer.
- Legal Services – Proskauer Rose's involvement as legal advisor highlights the role of legal services in facilitating complex financial transactions.
Financials
- 2.4 billion – The total value of the structured funding vehicle raised by Ares and Coller Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Proskauer Rose (UK) LLP | Legal Advisor | Company | An international law firm that advised Ares in the partnership with Coller Capital. |
| Ares Management Alternative Credit funds | Partner | Company | An investor in the structured funding vehicle alongside Coller Capital. |
| Coller Capital | Partner | Company | Partnered with Ares to establish the funding vehicle, investing in private market secondaries. |
| Barings Portfolio Finance | Lead Lender | Company | Acted as the lead lender for the structured funding vehicle. |