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Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
Apollo Forms Strategic Partnership With Sofinnova Partners
- Client News
- May 16, 2022
Paul, Weiss is advising Apollo Global Management in its strategic and financial partnership with Sofinnova Partners, a leading European life sciences venture capital firm with over €2.5 billion under management. Under the terms of the agreement, Apollo will acquire a minority equity interest in Sofinnova and provide up to €1 billion in capital commitments.
The partnership will expand Apollo’s presence in the life sciences sphere and accelerate Sofinnova’s growth. Together, Sofinnova and Apollo will offer entrepreneurs a more comprehensive range of capital solutions to help bring new therapeutic and biotechnology-based solutions to the market.
The Paul, Weiss team includes corporate partners Ramy Wahbeh, Kaisa Kuusk and Matthew Goldstein and counsel David Levine and Jeremy Larkins; and tax partners Brian Grieve and Brad Okun.