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

Pinsent Masons strengthens restructuring practice with new partner Mark Wilson

Multinational law firm Pinsent Masons has appointed contentious insolvency Partner Mark Wilson to join its restructuring team in Birmingham.

Pinsent Masons appoints infrastructure M&A specialist Candice Lambeth

Multinational law firm Pinsent Masons has today announced the appointment of Candice Lambeth as a partner in its corporate team in London.

Pinsent Masons bolsters Middle East International Arbitration practice with partner hire

Multinational law firm Pinsent Masons has appointed Shanelle Irani as a partner in its International Arbitration team in Dubai, further strengthening the firm's capability in high-value commercial and investor-state disputes across the region.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons strengthens restructuring practice with new partner Mark Wilson

Multinational law firm Pinsent Masons has appointed contentious insolvency Partner Mark Wilson to join its restructuring team in Birmingham.

Pinsent Masons announces FY26 results

Multinational law firm Pinsent Masons has today announced its unaudited financial results for the year ending 30 April 2026. The firm has generated a revenue increase of 3.3% to £703m. Profit per equity partner is £740k. 

Pinsent Masons advises MJM Group on another M&A transaction in the Polish insurance sector

Multinational law firm Pinsent Masons has advised MJM Group, one of the leading brokerage groups in the insurance and reinsurance market, on the acquisition of a 100% stake in Certo Broker and XILIUM. Certo Broker specialises in the distribution of group and health insurance products, while XILIUM provides a digital platform for the administration of group life insurance programmes and health insurance policies.

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

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.