Michael James is Co-Leader of Cleary Gottlieb’s Sponsor Solutions Group.

He has a broad corporate practice focusing on a range of international corporate and private equity transactions, including cross-border mergers and acquisitions, private equity fund formation, and joint ventures, co-investments, and consortium transactions.

Michael joined the firm as a trainee in 2010 and became a partner in 2021. He was resident in the New York office in 2011 and between 2013 and 2014.

Notable Experience

Private Equity Transactions

  • Sixth Street in connection with multiple transactions, including:

    • Its acquisition of a 38% stake in Sorgenia, one of the leading players in the electricity and natural gas market in Italy, from F2i, Italy’s largest infrastructure fund manager, in a deal worth $4.6 billion.
    • In a consortium led by William Chisholm in the $6.1 billion acquisition of the Boston Celtics, the largest PE sports investment to date.
    • Its acquisition of a majority stake in Lemon Pepper Holdings Limited, the master franchisee for Wingstop in the UK and Ireland.
    • Its $5.1 billion acquisition of Enstar, a leading global insurance and reinsurance group, and the acquisition by Enstar of AF Group from Blue Cross Blue Shield of Michigan.
    • Its $7.1 billion take-private of Hong Kong-listed ESR Group, as part of a consortium with Starwood Capital Group, SSW Partners, QIA, Warburg Pincus, and certain founders of ESR.
    • Its strategic partnership with Achmea and the merger of Lifetri’s and Achmea’s pension and life portfolios to create one of the leading Dutch pension and life insurance providers.
    • Its acquisition of the Lundy portfolio from Lloyds Banking Group.
    • Numerous preferred equity investments across a number of sectors.
    • Its investments in numerous reinsurance sidecars.
     
  • Hayfin in an agreement with Arctos to support a management buyout of the business, acquiring British Columbia Investment Management Corporation’s majority stake.

  • TPG Capital funds in a range of transactions, including in relation to its acquisition of The Electric Highway Company Limited by Gridserve Holdings Limited, the sale of Evoltz to Ontario Teachers’ Pension Plan Board, as well as many other notable transactions and in various strategic and platform relationships.

  • TPG Growth funds, The Rise Fund, and TPG Rise Climate in a range of transactions, including in relation to investments in Gridserve, Digital House, Gro Intelligence, Tata Motors’ electric vehicle and infrastructure business, and a number of other early-stage venture and growth investments in Africa, Asia, and Latin America, and in various strategic and platform relationships.

  • Cascade Investment on its recommended $4.7 billion offer for Signature Aviation, as part of a consortium with Blackstone and Global Infrastructure Partners.

  • Warburg Pincus and General Atlantic in the joint acquisition from Banco Santander of a 50% stake in Santander Asset Management, in the subsequent proposed combination of Santander Asset Management with Pioneer Investment Management, and in the disposition of Allfunds Bank.

  • Warburg Pincus in a number of early-stage growth equity and venture financing.

See More

Fund Formation

  • Sixth Street in a wide range of private fund-related matters, including the formation and operation of a number of credit and special situations funds, and in various separate accounts, co-investment arrangements, and other strategic initiatives.

  • TPG in the formation of certain private equity and other specialty funds, co-investments, and other strategic initiatives.

  • Hayfin in connection with a wide range of private fund-related matters, including the formation and operation of a number of credit and credit-related funds.

  • Monograph Capital Partners in connection with its formation and first fundraising.

  • The special situations platform of a leading U.S. bank in connection with fundraising activities.

  • Hillhouse in the formation of its first global private equity fund and inaugural credit fund. 

  • A leading European credit manager in the ongoing formation and fundraising of its flagship fund and numerous separate accounts and co-investment arrangements.

See More

Sponsor Solutions

  • Ares in connection with certain secondaries transactions.

  • Coller Capital in a number of GP-led secondary transactions.

  • Sovereign wealth funds in connection with numerous co-investment and consortium transactions alongside fund managers including Blackstone, KKR, Blackrock, Brookfield, and TowerBrook. 

  • Wafra as an investor in several GP seeding transactions.

  • Certain leading sovereign wealth funds in connection with investments in numerous private funds and “GP stake” and platform transactions.

  • Several alternative asset managers in connection with succession and restructuring arrangements.

  • Numerous sponsors in connection with AIFMD and other European regulatory matters.

See More

Corporate M&A

  • BNP Paribas in connection with multiple transactions, including:

    • The €5.3 billion recommended acquisition of Allfunds Group plc, a leading global dealing and distribution platform in the wealth management industry, by Deutsche Börse AG.
    • A novel transaction in relation to the transfer of Deutsche Bank’s global prime brokerage and electronic equities platform, and subsequent transaction in relation to the referral of Credit Suisse’s prime services and derivatives clearing platform.
    • The initial public offering of Allfunds Bank.
     
  • Credit Suisse Asset Management with respect to a number of asset management divestments and spin-out transactions.

  • ArcelorMittal in connection the disposal of certain pan-European steel assets to Liberty House Group.

  • Schroders in its acquisition of Adveq.

  • Rosneft in its $55 billion acquisition of TNK-BP from BP and AAR.

  • Lafarge S.A. in its 50:50 joint venture with Anglo American plc to combine their UK cement, aggregates, ready-mixed concrete, asphalt, and contracting businesses.

See More

Publications

Events