Proskauer

Recent Representations:

Prior to joining Proskauer, Delphine’s representative matters include advising:

• HarbourVest Partners:
  • as co-lead investor in a €1.63 billion multi-asset continuation fund sponsored by Triton to acquire four portfolio companies from Triton Fund IV.
  • as an investor in a €1.3 billion single-asset continuation fund sponsored by Astorg to acquire portfolio company IQEQ from Astorg V.
  • as the buyer in a GP-led LP tender offer in a European fund of funds.
  • in its secondary acquisition, from MTN Group, of a majority interest in Digital Prosperity Fund I and an associated co-investment vehicle, both managed by Amadeus Capital Partners.
• AlpInvest Partners, Goldman Sachs Asset Management and HarbourVest Partners as the lead investors in a €2 billion multi-asset continuation fund sponsored by PAI to acquire Froneri and Marcolin from PAI Fund V. The transaction was named GP-Led Deal of the Year in Europe as part of Private Equity International’s annual awards.
• CPP Investment Board:
  • in a $1.8 billion complex preferred equity transaction in relation to a portfolio of LP interests in the energy sector.
  • as an investor in a $500 million single-asset continuation fund sponsored by GHO Capital Partners to acquire GHO’s portfolio company Validant, a leading international life sciences consulting firm.
• Goldman Sachs and Pantheon as co-lead investors in:
  • a €1.2 billion single-asset continuation fund sponsored by CapVest to acquire Curium Pharma, a CapVest portfolio company.
  • a $350 million single-asset continuation fund sponsored by Nordic Capital to acquire, alongside Nordic’s flagship fund, its portfolio company Vizrt, a global leader in live video production software.
• A secondaries investor as the lead investor in a $740 million fund of funds to acquire a portfolio of LP interests and provide additional capital for new investments.
• Pantheon:
  • as co-lead investor in a €708 million multi-asset continuation fund sponsored by Deutsche Private Equity to acquire two European technology and digital transformation consultancies from DPE Fund III. The transaction was named Secondaries Deal of the Year in Europe as part of Private Equity International’s annual awards.
  • as the sole lead investor in a £551 million multi-asset infrastructure continuation fund sponsored by Ancala Partners to acquire three infrastructure assets from Ancala Infrastructure Fund I.
• Adams Street Partners as a member of a syndicate investing in a €500 million multi-asset continuation fund sponsored by G Square Healthcare Private Equity LLP to acquire three assets from G Square Capital I and G Square Capital II.
• Hamilton Lane as a co-lead investor in a single-asset secondary transaction sponsored by Vance Street Capital LLC to extend Vance Street’s partnership with Jet Parts Engineering.
• A secondaries investor in a fund-level preferred equity transaction with a European technology-focused private equity fund.
• A secondaries investor in its investment in a spin-out fund backed by secondaries investors to acquire software companies.
• A secondaries investor in a €200 million late-stage investment in an infrastructure fund.
• Lloyds Banking Group in a $2 billion secondary sale of a portfolio of 65 private equity fund interests and direct investments to a newly formed fund managed by a subsidiary of Lloyds Banking Group and financed by Coller International Partners VI. At the time of the sale, it was the largest bilateral secondary transaction ever completed globally.