Joseph Abadi represents private investment fund sponsors in structuring and negotiating the terms of domestic and offshore private investment vehicles. He also has counseled investment firms in connection with the sale of their private investment fund businesses. In addition, Mr. Abadi represents institutional investors in investing in prominent private investment funds.
Representative Clients
Lehman Brothers Holdings, UBS Alternative Investment Group, Lindsay Goldberg, Performance Equity Management, Promark Investment Advisers, Perella Weinberg Partners, SC Fund Management and AXA Private Equity.
Notable Representations:
- Goldberg Lindsay & Co. LLC in connection with the formation of Lindsay Goldberg & Bessemer II L.P. ($3 billion) and Lindsay Goldberg III L.P. ($4.6 billion), private equity funds focused on equity investments in companies where the funds can have significant influence on operations and strategic direction
- Lehman Brothers in the sale of certain of its interests in its US and European merchant-banking funds, its investment management business (including Neuberger Berman and certain of its private equity businesses), Lehman Brothers Real Estate Partners I/II/III and Lehman Brothers Mezzanine Partners I/II
- Lindsay Goldberg & Bessemer II L.P. in the acquisition of a minority stake in Crane & Co.
- Performance Equity Management in connection with the formation of Performance Direct Investments II, L.P., an approximately $400 million fund focused on co-investments
- SC Fund Management in connection with the formation of SC Asian Opportunity Fund, L.P. and SC Fundamental Value Fund, L.P., hedge funds focused on long and short investments
- UBS Fund Advisor, L.L.C. in connection with the formation of UBS Select Series II, L.L.C., a feeder fund focused on investing in Adams Street 2007 Global Opportunities Portfolio, L.P. and UBS Distressed Opportunities Fund II, L.L.C., a feeder fund focused on investing in OCM European Principal Opportunities Fund II, L.P. and OCM Opportunities Fund VIIb, L.P.