Clifford Chance
1 March 2012
Clifford Chance was awarded European Law Firm of the Year 2011: Fund Formation and North American Law Firm of the Year 2011: Fund Formation at the Global PERE (Private Equity Real Estate) Awards 2011. Global (all regions)
North American Law Firm of the Year 2011: Fund Formation: the firm advised on 12 US real estate fund launches last year, including the AllianceBernstein Recovery Asset Fund, a debt fund targeting $750 million in commitments. Clifford Chance also worked on 11 real estate fund closings that raised a total of more than $2 billion in aggregate capital.
European Law Firm of the Year 2011: Fund Formation: According to the PERE news, Clifford Chance seems to be a mainstay of the award for fund formation work by law firms in Europe. It got the most votes again this year, with achievements that include advising Legal & General Property on its UK Income Fund. The documents had to accommodate 14 major institutional investors based in the Middle East, Denmark, the UK, France, Finland, Switzerland and Japan.
