CVI Credit Value Fund V’s $3.6 Billion Fundraising

Schulte and Elvinger Hoss Prussen represented CarVal Investors in the transaction.

CarVal Investors raised $3.6 billion for CVI Credit Value Fund V (CVF V), exceeding its original hard cap size by 20%. CVF V is focused on identifying distressed and credit intensive assets within its core strategies of loan portfolios, corporate securities, structured credit and hard assets.

CarVal Investors is an established global alternative investment manager focused on distressed and credit-intensive assets and market inefficiencies with approximately $10 billion in assets under management in corporate securities, loan portfolios, structured credit and hard assets.

The Schulte team advising CarVal was led by investment management partner David Nissenbaum (Picture). The team also included investment management regulatory and compliance partner Anna Maleva-Otto; investment management special counsel Shawn McCune, associates Tracy Rizk, Alexis Marion and Grace Willingham and law clerks Bojun Xu and Shelby Anderson; tax partners David Griffel, Philippe Benedict, Nick Fagge, special counsel Christine Harlow, associate Olesia Zakon and law clerk Jacob Gach; and employment and employee benefits partner David Cohen.

The Elvinger Hoss Prussen team was led by partner Jérôme Wigny, together with Nicolas Fermaud of Elvinger sarl, New-York branch.

Involved fees earner: Nicolas Fermaud – Elvinger Hoss Prussen; Jérôme Wigny – Elvinger Hoss Prussen; Philippe Benedict – Schulte Roth & Zabel; David Cohen – Schulte Roth & Zabel; Nick Fagge – Schulte Roth & Zabel; David Griffel – Schulte Roth & Zabel; Christine Harlow – Schulte Roth & Zabel; Anna Maleva-Otto – Schulte Roth & Zabel; Alexis Marion – Schulte Roth & Zabel; Shawn McCune – Schulte Roth & Zabel; David Nissenbaum – Schulte Roth & Zabel; Tracy Rizk – Schulte Roth & Zabel; Grace Willingham – Schulte Roth & Zabel; Olesia Zakon – Schulte Roth & Zabel;

Law Firms: Elvinger Hoss Prussen; Schulte Roth & Zabel;

Clients: CarVal Investors;

Author: Martina Bellini