Dechert Advises GIC Private Equity on Acquisition of Ascensus
Dechert advised GIC, the sovereign wealth fund of Singapore, in connection with the entry into a definitive agreement to acquire (along with Stone Point Capital) Ascensus from its current private equity owners.
Genstar Capital and Aquiline Capital Partners will maintain a minority stake in Ascensus.
The Dechert team advising GIC included corporate partners Mark Thierfelder, Jonathan Kim, Bernardo Piereck and associates Jake Greenberg and Ranjini Ramesh; tax partner Joshua Milgrim and associate Andy Lau; international trade and government regulation partner Jeremy Zucker and associate Hrishikesh Hari; and antitrust partners Clemens Graf York von Wartenburg and Mike Cowie and counsel Michael Okkonen.
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