Goodwin Procter attorneys recently advised APEN Ltd on the divestment of its ‘legacy portfolio’ of private equity funds and privately held operating companies to Strategic Partners Fund Solutions for $192 million. The transaction allows APEN to focus exclusively on its emerging markets investment strategy.
APEN Ltd is a Swiss investment company listed on the SIX Swiss Exchange. Managed by GP Advisors, part of GP Investments Group, APEN holds a diversified portfolio of private equity funds and privately held operating companies. Strategic Partners Fund Solutions is an investor in the secondary private equity market and a division of Blackstone, a global asset manager.
To learn more about this transaction, read the APEN press release.