Dechert Advises GIC Private Equity on Acquisition of Ascensus  

April 27, 2021

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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Dechert is a leading global law firm with 24 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.

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