Pinsent Masons advises RPMI Railpen on formation of $700m joint venture

12 Mar 2018 | 09:41 am |

International law firm Pinsent Masons has advised RPMI Railpen on its $200m commitment to a joint venture with The Alaska Permanent Fund Corporation and the Public Institution for Social Security of Kuwait.

The innovative joint venture among asset owners, Capital Constellation, will invest in next generation private equity and alternative investment managers. Together, the joint venture partners will initially commit $700 million and Constellation is expected to deploy over $1.5 billion in investment capital over the next five years. Constellation will be advised by Wafra, a leading manager of private equity and alternative assets. 

The Pinsent Masons team acting on the transaction was led by investment funds partners Ian Warner and David Young with investment funds senior associate Oliver Crowley, tax partner Eloise Walker and tax senior associate Jeremy Webster. 

Commenting on the deal, Ian Warner said:

"The formation of Capital Constellation is a great success and exemplifies RPMI Railpen's innovative approach to investments. The ability of the Pinsent Masons team to deliver expert legal and commercial advice on this complex transaction is testament to the quality of our growing investment funds practice."

Kirkland & Ellis LLP advised Wafra and Sheppard Mullin acted for the Alaska Permanent Fund Corporation.

Latest press releases

Show me all press releases

Pinsent Masons advises on highest value bonus claim brought before DIFC Court

Multinational law firm Pinsent Masons has successfully represented Mr. Ferri-Ricchi, a foreign exchange trader, in what is believed to be the highest value bonus claim ever brought before the Dubai International Financial Centre Court of First Instance.

Pinsent Masons hires pensions expert

Multinational law firm Pinsent Masons has appointed pensions partner, Ian Mylrea, to join the firm’s financial services sector in Manchester

Pinsent Masons signs lease to move to iconic Sydney address

Multinational law firm Pinsent Masons will continue its strong growth in Australia at a new Sydney address after signing a lease to move into one of the city’s most iconic addresses.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons hires pensions expert

Multinational law firm Pinsent Masons has appointed pensions partner, Ian Mylrea, to join the firm’s financial services sector in Manchester

Pinsent Masons advises Abacus Storage King on $1.25 billion debt finance transaction

Multinational law firm Pinsent Masons has advised listed Australian entity Abacus Storage King (ASK) on its recent landmark debt finance transaction with commitments of A$1.25 billion.

Pinsent Masons advises shareholders of roda Computer GmbH on the sale of their shares to MilDef Group

Multinational law firm Pinsent Masons has advised the shareholders of roda computer GmbH on the sale of their shares to the Swedish company MilDef Group AB (publ).

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.