Pinsent Masons advises RPMI Railpen on formation of $700m joint venture

12 Mar 2018 | 09:41 am |

International law firm Pinsent Masons has advised RPMI Railpen on its $200m commitment to a joint venture with The Alaska Permanent Fund Corporation and the Public Institution for Social Security of Kuwait.

The innovative joint venture among asset owners, Capital Constellation, will invest in next generation private equity and alternative investment managers. Together, the joint venture partners will initially commit $700 million and Constellation is expected to deploy over $1.5 billion in investment capital over the next five years. Constellation will be advised by Wafra, a leading manager of private equity and alternative assets. 

The Pinsent Masons team acting on the transaction was led by investment funds partners Ian Warner and David Young with investment funds senior associate Oliver Crowley, tax partner Eloise Walker and tax senior associate Jeremy Webster. 

Commenting on the deal, Ian Warner said:

"The formation of Capital Constellation is a great success and exemplifies RPMI Railpen's innovative approach to investments. The ability of the Pinsent Masons team to deliver expert legal and commercial advice on this complex transaction is testament to the quality of our growing investment funds practice."

Kirkland & Ellis LLP advised Wafra and Sheppard Mullin acted for the Alaska Permanent Fund Corporation.

Latest press releases

Show me all press releases

Advising BP on first investment in AI in China

International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B

Pinsent Masons bolsters its Competition, EU & Trade Group with appointment of Hans Jürgen Meyer-Lindemann in Düsseldorf

Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.

Pinsent Masons advises HZI on its first Energy from Waste Plant in Australia

International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Redington on deal from Phoenix

International law firm, Pinsent Masons, has successfully advised the founders and management of Redington, the independent institutional investment consultant, on an investment deal from Phoenix Equity Partners, a leading UK mid-market private equity firm.

Pinsent Masons advises CANCOM SE on its capital increase

International law firm Pinsent Masons has advised CANCOM SE on its share capital increase, valued at €174.2 million.

Pinsent Masons appoints new Head of Tax Fraud Investigations

International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts