SJ Berwin is at the forefront of developments in the secondaries market, both in Germany and internationally.

Secondary acquisitions of both direct investments and fund participations continue to be a growth area for large, sophisticated private equity transactions, and are now a permanent feature of the private equity landscape.

The secondaries market plays to the key strengths of SJ Berwin's cross-border private equity team, as it combines the talents of our leading transactional and funds lawyers, giving us a niche advisory position in the secondaries market.

We are delighted to have worked with a number of leading international secondary players to establish funds to acquire secondary private equity interests, and in doing the deals themselves, advising on the legal, tax and regulatory issues that arise in the structuring and fundraising process.