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Victor Levy

Victor Levy

Partner

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Partner
Victor Levy

Victor Levy's practice focuses on the formation and ongoing representation of private equity funds and hedge funds.

Victor has extensive experience advising fund sponsors in structuring and establishing private equity funds focused on a variety of alternative investment strategies, including loan origination and performing and distressed debt, as well as related matters. Victor also advises sponsors establishing managed accounts and funds of one. He also has broad experience with various investment structures, including the use of series limited partnerships and series limited liability companies. Victor represents large, established managers sponsoring new funds, as well as high-quality emerging managers sponsoring first-time funds, to invest in US and non-US markets.

  • Ares Management LLC as manager in a $1 billion managed account focused on loan origination to middle-market companies
  • Ares Management LLC as manager in a $500 million managed account focused on loan origination to middle-market companies
  • Ares Management LLC as sponsor in its launch of Ares Institutional High Yield Fund, an open-ended private fund focused on investments in high-yield debt securities
  • Ares Management LLC as manager in a $500 million managed account focused on loan origination to middle-market companies
  • Ares Management LLC as manager in a $250 million managed account focused on loan origination to middle-market companies
  • Emerging alternative asset manager as sponsor in its launch of a private equity fund structure targeting up to $1 billion primarily for senior loan originations to middle market companies
  • Ares Management LLC as sponsor in its launch of Ares Institutional Credit Fund, an open-ended private fund focused on investments in bank loans
  • Ares Management LLC as sponsor in its launch of Ares ICOF III Fund, a private equity fund structure targeting up to $500 million for investments in asset-backed opportunities and structured credit
  • Ares Management LLC as sponsor in its launch of Ares High Income Opportunities Fund, a private equity fund structure targeting up to $200 million for investments in CLO securities
  • Ares' $1.5 billion Special Situations Fund: Ares Management LLC as sponsor in its launch of Ares Special Situations Fund IV, a private equity fund structure that raised over $1.5 billion for investments in non-performing loans and other debt securities of US and European obligors
  • Ares Management LLC in its launch of Ares Private Debt Strategies Fund V, a private fund formed to acquire a targeted portfolio of senior loans
  • Co-founder of asset management firm with $4 billion in assets under management, in negotiations involving co-founder’s separation
  • Lucerne Capital Management as sponsor in its launch of Lucerne Focus Fund I, an open-ended, dedicated private fund focused on high-concentration investments in European equities
  • Start-up alternative asset manager as sponsor in its launch of a private fund focused on investments in 144A debt securities
  • Major European telecom carrier in $200 million seed investment in a $1 billion fund platform formed to invest in technology companies developing products and solutions targeting telecom industry
  • Harbert Management Corporation as sponsor of Harbert European Growth Capital Fund I, L.P., a private equity fund focused on investments in mezzanine debt and equity investments in high-growth European companies
  • Lead investment principal in negotiations involving separation from management vehicle of a real estate fund co-sponsored with one of the world’s largest hospitality-management companies
  • DFG Investment Advisers as sponsor in its launch of a private fund structure focused on investments in mezzanine and junior CLO tranches
  • AllianceBernstein's $2.3 billion Public-Private Investment Fund under TARP: AllianceBernstein L.P. as sponsor of its public-private investment fund formed in partnership with US Treasury under its Legacy Securities Program (designed to cleanse bank balance sheets of legacy securities) under TARP, which raised over $2.3 billion and had overall purchasing power exceeding $4.6 billion
  • AllianceBernstein L.P. as sponsor of a private fund structure focused on investments in assets eligible for financing under the Federal Reserve's Term Asset-Backed Securities Loan Facility (TALF)
  • Seix Investment Advisors as sponsor in its launch of Seix Credit Opportunities Fund, a private fund structure focused on investments in below-investment-grade debt, distressed asset-backed securities and other debt instruments and special situations
  • Seix Investment Advisors as sponsor in its launch of Seix Credit Dislocation Fund, a series-based, private fund structure focused on investments in corporate bonds and loans, agency debt securities other securities
  • Citigroup as placement agent in the launch of MWAM Opportunity Fund, a private fund structure sponsored by Metropolitan West Asset Management (now part of TCW Group) focused on investments in mortgage-related securities, whole mortgage loans and other debt instruments and special situations
  • Citigroup as placement agent in the launch of VERO Distressed ABS Opportunity Fund, a private fund structure sponsored by Vero Capital Management focused on investments in mortgage-related securities, whole mortgage loans and other debt instruments and special situations

Contact details

Career and qualifications

  • The City University of New York (B.S. Accounting) 2000
  • New York County Surrogate’s Court Law Clerk 2001
  • Joined Clifford Chance 2003
  • Admitted as an Attorney-at-Law in New York 2004
  • Joined DLA Piper 2012
  • Partner, DLA Piper 2015
  • Rejoined Clifford Chance as Partner 2018

Awards and citations

  • Victor is recommended, and also ranked as a "Next Generation Lawyer"
    Legal 500 United States 2017 and 2018: Investment Fund Formation & Management − Private Equity Funds
  • Victor has been described as "an expert in the structured credit fund field - clients appreciate his thoroughness," and a lawyer who "engenders trust and confidence in his clients.” He has also been recommended
    Legal 500 United States 2016: Investment Fund Formation & Management − Private Equity Funds