NEW YORK, November 4, 2022 – Proskauer, a leading international law firm, announced today that it represented asset manager Schroders Capital as a lead investor in a Continuation Fund formed by Trinity Hunt Partners to support the acquisitions of Argano and Improving, two premier technology services companies. The Continuation Fund closed with $618 million in commitments, which includes a substantial pool of capital for follow-on investments to support the continued growth of Argano and Improving.
Schroders Capital provides investors with access to a broad range of private asset investment opportunities, portfolio building blocks and customized private asset strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customized private asset mandates. Schroders Capital aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterized by performance, collaboration and integrity.
With $88 billion* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).
The Proskauer team included partners Howard Beber (Private Funds), James Lee (Mergers & Acquisitions), and Jeremy Naylor (Tax); and associates Blake Halperin (Private Funds) Haniel Ogburu-Ogbonnaya (Private Funds), Emily Benedict (Tax ), and Bowon Koh (Tax).
*Assets under management as at 30 June 2022 (including non-fee earning dry powder and in-house cross holdings)
About Proskauer
We are 800+ lawyers serving clients from 12 offices located in the leading financial and business centers in the Americas, Europe and Asia. The world’s leading organizations, companies and corporations choose us to be their representatives in their most critical situations. But more, they consider Proskauer a strategic partner to drive their business forward. We work with asset managers, major sports leagues, Fortune 500 companies, entertainment industry legends and other industry-redefining companies.
Proskauer offers a full suite of services for the investment management industry, with a market-leading global team dedicated solely to advising hedge fund, private equity and other asset managers, investment funds, financial institutions and institutional investors across all asset classes. The cross border team of over 200 lawyers is based in the U.S., UK, Asia and Latin America and includes specialists in tax, ERISA, regulation, financial services, capital markets, M&A, employment, insurance, fund finance, litigation and risk management who understand the unique technical and commercial issues relevant to investment managers.