We are advising Ferghana Investment Partners on the strategic partnership 

Davis Polk is advising Ferghana Investment Partners LP on its strategic partnership with New Catalyst Strategic Partners. Through the partnership with New Catalyst, Ferghana will gain access to significant capital and strategic support to scale its newly launched hybrid capital platform.

Ferghana is a hybrid capital firm delivering tailored capital solutions at the intersection of credit and structured equity. Ferghana partners with middle-market businesses at key inflection points by providing flexible capital solutions that bridge gaps in conventional financing, emphasize downside protection and maintain alignment between owners and investors.

New Catalyst is an independent alternative investment firm that focuses on GP seeding, GP acceleration and strategic capital solutions for next generation private markets managers. New Catalyst seeks to back visionary founders who are building category-defining investment firms across private market strategies. 

The Davis Polk asset management M&A team includes partners Michael S. Hong and Cheryl Chan and counsel Sašo Kraner, Benjamin Milder and Joel Kuzniecky. Partner Ethan R. Goldman and counsel Liang Zhang are providing tax advice. Partner Zachary R. Frimet is providing finance advice. Counsel Chaoyuan (Charles) Shi is providing executive compensation advice. All members of the Davis Polk team are based in the New York office.