Andrew Nichol

Andrew’s practice is focused on advising private equity and alternative asset managers ranging from the largest asset manager firms to first-time fund managers on buy and sell-side GP-stake transactions, including minority and control investments, preferred equity and other structured equity arrangements, as well as strategic capital raises, seeding and anchor investor transactions, and product development and expansion.

Andrew also represents leadership teams and founders in connection with upper-tier structuring matters including succession planning, the development of equity incentive and carry plans, partner departures and hires, and governance structuring.  In addition, he represents sponsors in connection with the formation and launch of new asset management platforms and next-generation sponsor vehicles.

Prior to joining Weil, Andrew was a partner at another leading international law firm.

Andrew received his J.D. from Osgoode Hall Law School and his B.A., with distinction, from University of Manitoba.

Representative Experience*

Minority Stakes Experience

• Hunter Point Capital in connection with a range of GP stakes and preferred equity and structured equity investments.
• Constellation Wealth Capital in its minority investments in Cresset Capital Management and Perigon Wealth Management.
• TPG NEXT in connection with a range of strategic minority, seed investment and GP stake investments.
• Petershill Partners in connection with its minority investment in Kennedy Lewis and acquisition of Azimut Investments’ existing interest in Kennedy Lewis.
• HighBrook Investors on its sale of a minority stake to AMG.
• Atlantic Ridge Capital on its strategic partnership with and seed investment from Grafine Partners.
• Greenbelt Capital Partners on a strategic minority investment from Capital Constellation, an investment platform managed by Wafra Inc.
• Family offices in connection with a range of seed and minority investments in alternative asset management firms.
• U.K. asset management firm in connection with the sale of a minority stake to a leading U.S. GP stakes firm.
• Numerous newly formed asset managers in connection with the establishment of permanent and temporary seed investments from seed investment firms, sovereign wealth funds and insurance companies.

Platform Investments Experience

• Charlesbank in connection with a jointly-sponsored interval fund with iCapital and associated economic, sourcing and governance arrangements.
• Real estate manager in connection with the establishment of an evergreen platform investment structure and concurrent minority stake sale from a leading pension plan.
• Energy asset manager in connection with a proposed platform investment structure and investment allocation framework from a global insurance conglomerate.

Spin-outs, Acqui-Hires & Partner Compensation and Governance Experience

• Elda River Capital Management on its spin-out from Magnetar Capital and launch as an independent real assets-focused investment firm.
• Team of investment professionals in connection with their transition to a new asset management platform to launch a new strategy and associated governance and compliance matters.
• A leading asset manager in connection with the acquisition of a series of flagship funds, co-investment funds and balance sheet investments to facilitate the seller's strategic exit from a strategy.
• A leading asset manager in connection with the spin-out of an investment management strategy and associated merger with a complementary asset manager and SPAC.

Andrew’s additional representative clients include: Bridge Development Partners, Deerfield Capital, Further Global Capital Management, General Catalyst, Ironleaf Capital, King Street Capital Management, and PACT Capital.

*Includes matters handled prior to joining Weil.