Prem Mohan
Overview
Prem's key strengths are his responsiveness and his client handling. It amazes us how responsive he is.” - Chambers UK, 2024
Prem Mohan is a partner in the London office of Kirkland & Ellis International LLP. Prem advises private investment fund sponsors on the regulatory issues relating to the structuring and formation of private investment funds across a variety of asset classes, as well as co-investment arrangements, fund restructurings, liquidity solutions, secondary transactions and strategic minority investments in private investment firms. He also advises financial investor clients on the regulatory issues relating to acquisitions, restructurings and exits involving investments in the financial services sector. Prem regularly advises investment firms on establishing or expanding regulated businesses in the UK, and more generally, on a range of EU and UK financial services regulation, including the UK SMCR, EU MIFID II, MAR, AIFMD, and PRIIPS.
Prem’s representative clients include Blackstone, Canyon Capital, Clearlake Capital, Inflexion, KPS Capital Partners, Marlin Equity Partners, Nordic Capital, TDR Capital, TowerBrook Capital Partners, Veritas Capital, Vitruvian Partners and Warburg Pincus,
Prem has been recognised by Chambers UK (2024) and The Legal 500 UK (2024).
Experience
Representative Matters
Fund Formation
- Advised Vitruvian Partners on the close of its €7.3 billion Vitruvian Investment Partnership V
- Advised Gryphon Investors on the close of Vessco Water continuation fund
- Advised Inflexion Private Equity on the £975 million close of Inflexion Enterprise Fund VI
- Advised Tenex Capital Management in the formation of Tenex Capital Partners IV at $1.9 billion
- Advised Valor Equity Partners to close $3.4 billion in funds, including oversubscribed Fund VI
- Advised Chorus Capital on the close of Fund V at $2.5 billion
- Advised Vance Street Capital on the close of its $775 million oversubscribed Fund IV
- Advised Percheron Capital on the close of its second flagship fund at hard cap
- Advised KPS Capital Partners to close two funds totaling $9.7 billion in commitments
- Advised Trivest on the close of its $1.3 billion Recognition Fund I
- Advised Flexpoint Ford in the formation and fundraising of more than $2 billion for its fifth flagship fund V
- Advised Bansk Group on the closing of its $800 million inaugural fund
- Advised Varsity Healthcare Partners on the close of Varsity Healthcare Partners IV at $700 million
- Advised LightBay Capital on the close of Fund II at $1 billion
- Advised STG on the closing of $4.2 billion STG VII fund
- Advised Greenbriar Equity Group, L.P. on the final closing of the Greenbriar Equity Fund VI, L.P. (“Fund VI”) with total capital commitments of $3.475 billion
- Advised Highland Europe on the close of its fifth fund, raising €1 billion
- Advised Panacea Venture in raising and closing its second USD Healthcare Fund
- Advising Sumeru Equity Partners on the final closing of Fund IV at hard cap of $1.3 billion
- Advising Nordic Capital, a leading European private equity investor, on the closing of Nordic Capital Fund XI
- Advising Veritas Capital Fund Management on the closing of its latest flagship fund, Veritas Capital Fund VIII
- Advising First Eagle Alternative Credit on the closing of over $1 billion on its fifth direct lending fund
- Advising Warburg Pincus on the formation of a $2.6 billion private equity fund focusing on financial services investments
- Advising Ergon Capital on the €800 million final closing of Ergon Capital Partners V
- Advising Transformation Capital on the close of $800 million health tech fund Transformation Capital III
- Advising CBC Group on the successful closing of its fifth healthcare fund, C-Bridge Healthcare Fund V
- Advising General Catalyst on the closing of its eleventh flagship fund group, Fund XI, at $4.6 billion
- Advising Inflexion on the £1.8 billion close of Inflexion Partnership Capital Fund III
- Advising Inflexion Private Equity on the formation of its £2.5 billion Inflexion Buyout Fund VI
- Advising Nordic Capital on the closing of its €1.2 billion Nordic Capital Evolution Fund
- Advising Livingbridge on the closing of Livingbridge 7, with aggregate capital commitments of £1.25 billion
- Advising The Carlyle Group in the formation of its $645 million Carlyle Renewable and Sustainable Energy Fund, a global renewable energy fund
- Advising Comvest Credit Partners:
- on the close of its sixth flagship private equity fund at $881 million
- on the closing of Comvest Credit Partners V with $1.3 billion of total equity commitments
- on the closing of $893 million private equity fund Comvest Investment Partners V
- Advising Nordic Capital on the formation of Nordic Capital Fund X with aggregate capital commitments of €6.1 billion
- Advising Warburg Pincus on the formation of its $14.8 billion Warburg Pincus Global Growth fund, as well as its earlier $12 billion flagship fund, Warburg Pincus Private Equity XII, L.P. and companion funds Warburg Pincus Financial Sector, L.P. ($2.3 billion) and Warburg Pincus China, L.P ($2 billion)
- Advising Warburg Pincus on sale of interests in Allied Universal to a newly formed continuation fund
- Advising Vitruvian Partners on the formation of Vitruvian Investment Partnership IV, a €4 billion fund, as well as its earlier fund Vitruvian Investment Partnership III, a €2.4 billion fund to invest in growth capital and mid-market investment opportunities in Europe
- Advising TDR Capital, on the formation of TDR Capital Fund IV with aggregate capital commitments of €3.5 billion
- Advising Landmark Partners on the formation and fundraising of its Landmark Real Estate Fund VIII ($3.3 billion)
M&A / Private Equity
- Advising consortium of CVC, Nordic Capital and ADIA on £5.4 billion recommended cash acquisition of Hargreaves Lansdown
- Advising AA, TowerBrook Capital Partners and Warburg Pincus on Stonepeak’s investment in AA
- Advising Digital 9 Infrastructure on the sale of Verne Global
- Advising Clayton, Dubilier & Rice on the $7 billion take-private acquisition of Focus Financial Partners
- Advising Dyal Capital Partners on the sale of Arcmont Asset Management
- Advising MSD Partners on its strategic business combination with BDT & Company
- Advising CPP Investments on the acquisition of a stake in Universal Investment
- Advising Antin Infrastructure Partners on the acquisition of Wildstone
- Advising GIC on the £694 million acquisition of a 75% stake in the majority of Paddington Central assets from British Land
- Advising Nordic Capital on the acquisition of Ascot Lloyd, an independent UK financial and planning advisor
- Advising EQT on the €6.8 billion acquisition of Baring Private Equity Asia, a leading private markets investment firm
- Advising Brookfield on the all-cash voluntary public takeover offer for Befimmo SA, a real estate investor focused on office buildings and co-working spaces in Brussels and Luxembourg
- Advising EQT and its portfolio company IVC Evidensia on the acquisition of VetStrategy, a leading Canadian veterinary care provider
- Advising Bain Capital Credit on its minority investment in The Co-op Bank
- Advising Preservation Capital on the £100 million acquisition of Parmenion Capital, a provider of investment services and technology solutions for financial advice firms
- Advising Inflexion on its re-investment in the British Engineering Services Group, a specialist in engineering testing, inspection and consultancy services
- Advising HPS Investment Partners on its investment into the UK wealth management division of Canaccord Genuity Group Inc.
- Advising Flexpoint Ford LLC on its recommended cash acquisition of AFH Financial Group Plc, a financial planning-led wealth management firm
- Advising General Catalyst on combination with La Famiglia
- Advising Warburg Pincus on its co-investment in the combined group of Tilney Smith & Williamson, a leading wealth management and professional services business
- Advising Blackstone on its successful public takeover bid of Hispania Activos Inmobiliarios SOCIMI SA (Hispania), a Spanish property company listed on the Madrid Stock Exchange, in a deal that values the company at over €3 billion, and the prior stake-building acquisition of 16.56% of Hispania from Soros Fund Management
- Advising the bidding consortium led by Advent, Cinven and the RAG-Stiftung on the acquisition of the elevator division of thyssenkrupp AG
- Advising Bain Capital and Cinven on their EUR 5.4 billion joint public takeover of the German pharmaceutical company Stada Arzneimittel AG
- Advising Vitruvian Partners in its acquisition of a stake in the UK’s largest independent managing general agent CFC Underwriting
- Advising Bain Capital and its portfolio company European Fintyre Distribution Ltd on the financing and regulatory aspects of its acquisition of REIFF Reifen und Autotechnik GmbH, the leading independent multi-channel tyre distributor in Germany
- Advising TDR Capital on the acquisition of a majority stake in Asda
- Advising TDR Capital, Sun Capital and their portfolio company Keepmoat Limited on the sale of Keepmoat’s regeneration arm to energy and services provider ENGIE for £330 million
- Advising Brookfield Property Partners on its acquisition of GL Europe RE Holdings SARL from Avenue Capital
Other Matters
- Advising Butterfly Equity-backed QDOBA to complete inaugural whole business securitization
- Advising Unified Women’s Healthcare on its strategic partnership with CCRM Fertility
- Advising on establishing new investment businesses in the UK and designing systems, controls, policies and procedures compliant with the EU Alternative Investment Fund Managers Directive
- Advising on fund structuring and cross border marketing issues under the EU Alternative Investment Fund Managers Directive, particularly in relation to global private funds
- Advising on the application of the UK Financial Services and Markets Act 2000, the FCA Rules and EU single market legislation such as MiFID, MiFID II, MAD and EMIR
- Advising on PRA/FCA procedures under the UK Financial Services and Markets Act 2000, including Application for Part 4A permission, Variation of Part 4A permission, banking business transfers and Change in Control Applications
- Advising on governance and other compliance arrangements to comply with changes in EU / UK financial services regulation, including MiFID II and PRIIPS
- Advising on AIFMD anti-asset stripping issues relating to European M&A deals
- Advising on M&A and private equity transactions and internal group reorgnisations involving the financial services sector
- Advising on the Senior Managers and Certification Regime
- Advising on the UK insider dealing and market abuse regime
- Advising on issues arising from PRA/FCA rule breaches and regulatory investigations
Prior Experience
Covington & Burling LLP, London
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Associate, 2012–2014
Linklaters LLP, London
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Associate, 2010–2012
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Trainee Solicitor, 2008–2010
More
Thought Leadership
Publications
Co-author, chapter “UK – Fundraising” in The Private Equity Review, Edition 7 (2018)
Seminars
Voltaire Advisers Briefing, Fund Valuation After Brexit - Address on “The Fund Regulatory Landscape Post-Brexit” (December 2018)
Voltaire Advisers Briefing, Valuation of Alternative Assets — Keynote address on AIFMD II and Brexit (February 2017)
Credentials
Admissions & Qualifications
- 2010, Admitted to practice as a Solicitor of England and Wales
Education
- National Law School of India UniversityB.A.; LL.B.(Honours)2007