Clayton, Dubilier & Rice Fund XI’s $16 Billion Fund Formation

Debevoise & Plimpton LLP advised Clayton, Dubilier & Rice on the deal.

Clayton, Dubilier & Rice (“CD&R”) finalized the formation of Clayton, Dubilier & Rice Fund XI, an approximately $16 billion fund, which is CD&R’s largest fund to date. 

Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since inception, CD&R has managed the investment of $30 billion in 95 companies with an aggregate transaction value of more than $150 billion.

The Debevoise team was led by partners Jonathan Adler (Picture), Jason Auerbach and Rebecca Silberstein and included partner Andrew Levine, counsel Erich Grosz and Shawn Yang, associates Julia Ahn, Morgan Aveni, Sasha Burger, Arthur Flynn, Carly Hill, Paul Laszlo, Yana Mereminsky and Jihyun Yoo and corporate staff attorneys Jonathan McCarron-Smith and Alex Romanovski. Tax advice was provided by partner Matt Saronson, associates Adam Namm and Erasmo Perez, law clerks Shanna Adler and Sabrina Hsieh and corporate staff attorney Sam Engutsamy. ERISA advice was provided by partner Frank Mitchell and associate Douglas Hirn.

Involved fees earner: Jonathan Adler – Debevoise & Plimpton; Julia Ahn – Debevoise & Plimpton; Jason Auerbach – Debevoise & Plimpton; Morgan Aveni – Debevoise & Plimpton; Sasha Burger – Debevoise & Plimpton; Sam Engutsamy – Debevoise & Plimpton; Arthur Flynn – Debevoise & Plimpton; Erich Grosz – Debevoise & Plimpton; Carly Hill – Debevoise & Plimpton; Douglas Hirn – Debevoise & Plimpton; Paul Laszlo – Debevoise & Plimpton; Andrew Levine – Debevoise & Plimpton; Jonathan McCarron-Smith – Debevoise & Plimpton; Yana Mereminsky – Debevoise & Plimpton; Franklin Mitchell – Debevoise & Plimpton; Adam Namm – Debevoise & Plimpton; Erasmo Perez – Debevoise & Plimpton; Aleksei Romanovski – Debevoise & Plimpton; Matthew Saronson – Debevoise & Plimpton; Rebecca Silberstein – Debevoise & Plimpton; Shawn Xiao Yang – Debevoise & Plimpton; Jihyun Yoo – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Clayton Dubilier & Rice;

Author: Martina Bellini