Davis Polk Advises Credit Suisse on the Spinout of DLJ Merchant Banking

Davis Polk advised Credit Suisse Asset Management on the spinout of DLJ Merchant Banking Partners into an independent advisory firm called aPriori Capital Partners L.P. The DLJ Merchant Banking Partners III, L.P. and DLJ Merchant Banking Partners IV, L.P. private equity funds collectively represent approximately $2 billion of value across 22 portfolio companies as of December 31, 2013. Credit Suisse is one of the world’s leading financial services providers.

The Davis Polk corporate team includes partners Leor Landa and Michael Davis, counsel Jennifer Grant Cooper, and associates Richard J. Egelhof and Harold Birnbaum. Partner Mary Conway provided U.S. tax advice. Partner Jonathan Cooklin provided U.K. tax advice. Counsel Richard Small provided U.K. regulatory advice. Partner Sartaj Gill provided credit advice. Partner Jeffrey P. Crandall provided executive compensation advice. Members of the Davis Polk team are based in the New York and London offices.