Apollo Global Management’s Partnership With Sofinnova Partners

In UK Paul Weiss Rifkind Wharton & Garrison, advised on the matter.

Dechert advised Sofinnova Partners with a team including

Paul Weiss Rifkind Wharton & Garrison advised Apollo Global Management with a team including Kaisa Kuusk (Corporate M&A), Ramy Wahbeh (Picture – Corporate M&A).

Apollo Global Management announced its strategic and financial partnership with Sofinnova Partners, a leading European life sciences venture capital firm with over €2.5 billion under management. Under the terms of the agreement, Apollo will acquire a minority equity interest in Sofinnova and provide up to €1 billion in capital commitments.

The partnership will expand Apollo’s presence in the life sciences sphere and accelerate Sofinnova’s growth. Together, Sofinnova and Apollo will offer entrepreneurs a more comprehensive range of capital solutions to help bring new therapeutic and biotechnology-based solutions to the market.

Apollo Global Management is one of the largest asset managers serving many of the world’s most prominent investors.

The Paul, Weiss team included corporate partners Ramy Wahbeh (Picture), Kaisa Kuusk and Matthew Goldstein and counsel David Levine and Jeremy Larkins; and tax partners Brian Grieve and Brad Okun. 

Dechert’s team was led by M&A partner Alain Decombe and also included tax and fund formation partner Sabina Comis, M&A partner Ermine Bolot, fund formation partner Cyril Fiat, M&A national partner Delphin Boucher, tax associates Etienne Bimbeau and Pierre-Emmanuel Floc’h, M&A associates Pierre-Henri Brieau, Yan Boistay and Mathilde Duchamp and fund formation associate Antoine Pian.

The Gide team included Olivier Diaz, Paul Guillemin, Corentin Charlès, Guillaume Goffin, Rudolf Efremov, Antoine Nicolai, Foulques de Rostolan, Maxime Houles.

Involved fees earner: Etienne Bimbeau – Dechert; Yan Boistay – Dechert; Ermine Bolot – Dechert; Delphin Boucher – Dechert; Pierre-Henri Brieau – Dechert; Sabina Comis – Dechert; Alain Decombe – Dechert; Mathilde Duchamp – Dechert; Cyril Fiat – Dechert; Pierre-Emmanuel Floc’h – Dechert; Antoine Pian – Dechert; Matthew Goldstein – Paul Weiss Rifkind Wharton & Garrison; Brian Grieve – Paul Weiss Rifkind Wharton & Garrison; Kaisa Kuusk – Paul Weiss Rifkind Wharton & Garrison; Jeremy Larkins – Paul Weiss Rifkind Wharton & Garrison; David Levine – Paul Weiss Rifkind Wharton & Garrison; Brad Okun – Paul Weiss Rifkind Wharton & Garrison; Ramy Wahbeh – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Dechert; Paul Weiss Rifkind Wharton & Garrison;

Clients: Apollo Global Management; Sofinnova Partners;

Author: Giulia Di Palma