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

CATS pipeline £40m Court of Appeal dispute

Multinational law firm Pinsent Masons has advised the owners of the Central Area Transmission System (CATS) gas pipeline in the North Sea on a landmark contractual dispute case heard in the Court of Appeal.

Dispute Resolution Group appoints partners in Munich

Multinational law firm Pinsent Masons has appointed partners Johanna Weißbach and Christian Schmidt as litigation partners in their Dispute Resolution Group in Munich, where they will both focus on clients within the Financial Services and Advanced Manufacturing & Technology sectors.

Pinsent Masons announces 2020 partner promotions

Multinational law firm Pinsent Masons has announced 17 new partners in its 2020 promotion round as it promotes outside of traditional legal services for the first time.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons hires finance partner in Beijing

International law firm Pinsent Masons has hired Kanyi Lui into its Beijing office to expand the firm's finance offering in China and across Asia.

Employment and Reward group grows with the appointment of Dr Anne Sammon

Pinsent Masons has appointed Dr Anne Sammon as an Employment partner in its Employment and Reward group in London where she will focus on clients within the Financial Services sector.

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.

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