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General Atlantic Completes Acquisition of Iron Park Capital, Forming General Atlantic Credit
- Client News
- April 4, 2023
Paul, Weiss advised General Atlantic in its acquisition of Iron Park Capital Partners, LP, a global credit and investment manager, to form General Atlantic Credit. Financial terms of the transaction were not disclosed.
In 2020, GA and Iron Park formed Atlantic Park, which provided capital to companies at varying stages of their corporate and economic lifecycles. Initially structured as a joint venture between the two firms, Atlantic Park leveraged GA’s global reach, domain expertise and reputation among owners and entrepreneurs. GA’s global platform also played a pivotal role in the inaugural Atlantic Park I fund by providing advantages across all phases of the investment process, from sourcing to diligence to value-add initiatives.
The Paul, Weiss team included corporate partners Matthew Abbott, Conrad van Loggerenberg, Cullen Sinclair, Suhan Shim, Aaron Schlaphoff, Amran Hussein and Marco Masotti, and counsel Erika Detjen and Caitlin Kelly; tax partners Lindsay Parks and Patrick Karsnitz, and counsel Shane Milam; executive compensation partner Lawrence Witdorchic and counsel Jake Glazeski; real estate partner Salvatore Gogliormella; intellectual property partner Claudine Meredith-Goujon; litigation partner Andrew Finch and counsel Steven Herzog; antitrust counsel Marta Kelly; and ESG counsel Larcy Cooper.