Marc Ponchione, a partner in the firm’s Investment Management Group, focuses on advising financial services firms on various regulatory, compliance ...
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Experience
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- TPG Growth, the middle market and growth equity platform of TPG, in its acquisition of a minority stake in Homrich Berg.
- FitzWalter Capital in the formation of FitzWalter Capital Partners II, a c.$1.4 billion fund.
- Corebridge Financial in AIG’s $3.4 billion sale of Corebridge common stock to Nippon Life Insurance Company.
- New York Life Investments in its minority stake in Fairview Capital, a leading venture capital and private equity investment management firm.
- ICG in the formation of ICG LP Secondaries I, a $1 billion fund specializing in acquiring buyout fund interests from limited partners.
- New York Life Investments in its strategic partnership with Bow River Advisers, a subsidiary of Bow River Capital.
- TA Associates in its acquisition of PMA Financial Services from Estancia Capital Partners and PMA senior management.
- Clayton, Dubilier & Rice in the formation of Clayton, Dubilier & Rice Fund XII, an approximately $26 billion fund, its largest fund to date.
- Glendower Capital in the formation of its Secondary Opportunities Fund V, a $5.8 billion global secondary private equity fund.
- Rithm in its acquisition of Sculptor Capital Management, a multi-strategy hedge fund manager, in a transaction valued at approximately $639 million.
- Prudential Financial in the acquisition of a majority interest in Deerpath Capital Management and its associated affiliates by PGIM, the $1.2 trillion global investment management business of Prudential.
- Nuveen, the investment manager of TIAA, in its acquisition of a controlling interest in Arcmont Asset Management, a private debt management firm.
- Temasek in the establishment of Decarbonization Partners, an investment partnership with BlackRock.
- Carlyle in its $2 billion acquisition of Abingworth, a life sciences investment firm.
- Carlyle in its $2.1 billion capital raise and equity investment in Fortitude Re and the formation of a strategic advisory services agreement.
- Constellation, backed by institutional investors Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, in its acquisition of and $500 million capital contribution to Ohio National, as part of Ohio National’s demutualization process.
- IDB Bank, the largest Israeli bank operating in the U.S., in the creation of IDB Lido Wealth, a strategic partnership and joint venture with Lido Advisors, a full-service, independent investment advisor.
- Jackson and Prudential plc in the separation of Jackson through a demerger, in a transaction valued at approximately $2.5 billion and that establishes Jackson as an independent, publicly-traded company.
- Glendower Capital in its strategic partnership with CVC, creating a combined group with total assets under management of approximately €113 billion.
- Fortitude Re, a Carlyle portfolio company, in its acquisition of a $31 billion block of legacy variable annuities from Prudential Financial for a total transaction value of $2.2 billion.
- Aflac Global Investments in its $2.1 billion strategic partnership with Denham Capital to accelerate Denham’s sustainable infrastructure platform.
- Prudential Financial in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
- American International Group in its strategic partnership with Blackstone Group for its Life & Retirement business.
- Parnassus, the largest ESG-dedicated fund manager in the U.S., in its sale of a majority equity interest to AMG.
- MassMutual in its $3.5 billion acquisition of Great American Life, a wholly owned subsidiary of American Financial Group.
- Investcorp in its strategic partnership with Centre Lane Partners, a private credit manager.
- Prudential plc and Jackson National in the reinsurance to Athene of $27.6 billion of Jackson’s in-force fixed and fixed index annuities and a $500 million equity investment in Jackson’s holding company.
Education
- Duquesne University School of Law, 1999, J.D.
- Marietta College, 1996, B.A.