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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.

General Atlantic To Acquire Minority Stake in Santander Asset Management

Paul, Weiss client General Atlantic, together with Warburg Pincus, entered into a definitive agreement to acquire a 50 percent stake in Santander Asset Management for €1.02 billion. Santander Asset Management is the asset management unit of Spanish retail and commercial bank Banco Santander, with operations primarily in Europe and Latin America.

The Paul, Weiss team includes corporate partners Matthew Abbott, David Lakhdhir and Dale Sarro and counsel Nathan Pusey; and tax partner Richard Bronstein.

June 3, 2013

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