skip to main content

Recognized as one of the most active and highly regarded investment management practices in the United States, our group represents all types of asset managers across the liquidity spectrum, including private equity funds, credit funds, hedge funds, venture capital funds, real estate funds, hybrid funds and family offices. We have successfully raised hundreds of billions of dollars for our clients, who benefit from our extensive market knowledge, industry-leading networking events and strong relationships with all major market participants. 

Blackstone Group to Invest in Astaris Capital Management’s Dislocations Fund I

Paul, Weiss advised Blackstone Group in its seed investment in Astaris Capital Management’s Dislocations Fund I, a closed-end evergreen fund. As reported in the press, the new private equity-like strategy will focus on long and short bets in the credit markets and buy credit default swaps, high-yield bonds, convertibles and bank debt, among other investments. London-based Astaris Capital specializes in event-driven credit and equity investments in Europe.

The Paul, Weiss team includes corporate partner Udi Grofman and counsel Marian Shin; tax partners Brian Grieve and Patrick Karsnitz, and counsel Christina Cerito; litigation partner Gregory Laufer; and executive compensation counsel Jake Glazeski.

© 2024 Paul, Weiss, Rifkind, Wharton & Garrison LLP

Privacy Policy