Krishna Skandakumar and Natalia Kubik Join Debevoise's Private Funds Team

Major Developments at Debevoise & Plimpton

In a significant move for its Investment Management and Private Fund Transactions Groups, Debevoise & Plimpton LLP has announced the arrival of a new team of seasoned secondaries lawyers. Led by Krishna Skandakumar and joined by Natalia Kubik, this duo will serve as pivotal assets to the firm's operations.

A New Era for Private Funds Transactions

Krishna Skandakumar has been appointed Co-Chair of the Private Fund Transactions Group. His experience and leadership are expected to enhance the firm's capabilities, particularly in guiding private equity sponsors and investors through complex secondaries transactions. This is critical in a market where liquidity solutions are increasingly sought after. Natalia Kubik, another esteemed partner, will collaborate with Skandakumar to bolster the firm's already distinguished position in the secondaries landscape.

Skandakumar and Kubik bring with them a wealth of knowledge and specialization, including expertise in various secondaries structures, such as continuation vehicles and LP portfolio sales. Their addition aligns with Debevoise’s commitment to staying at the forefront of the secondaries market and provides a strategic boost to the firm's ongoing growth.

Industry Recognition and Future Goals

Peter Furci, Presiding Partner at Debevoise, lauded the decision, emphasizing that the firm has a longstanding tradition of advising private equity sponsors and investors throughout every phase of the fund lifecycle. He noted that having recognized leaders like Skandakumar and Kubik further solidifies their status as industry frontrunners.

Rebecca Silberstein, Global Chair of the Investment Management Group, added that both partners are renowned for their comprehensive, market-informed counsel. Their proven track record in steering clients toward their goals is widely acknowledged, making them invaluable to Debevoise's clients.

Kevin Schmidt, Co-Chair of the Private Equity Group, mentioned the surge in demand for multi-disciplinary teams adept at handling the complexities of secondaries transactions. The arrival of Skandakumar and Kubik will significantly contribute to the momentum the firm has experienced, positioning it to meet client needs better.

Professional Backgrounds and Educational Achievements

Before joining Debevoise, Skandakumar and Kubik were partners at another prominent international law firm based in New York. Skandakumar holds degrees in Actuarial Studies and Law from The Australian National University, along with a Master's in Law from the University of Melbourne. Kubik earned her Honours BA in Law from the prestigious University of Cambridge.

Their combined expertise will be a vital part of the Debevoise's Private Fund Transactions Group, a distinguished global team providing essential services to sponsors, secondary investors, limited partners, and various financial institutions. This specialized practice has long been recognized in the industry for its deep market insights and innovative strategies that achieve client objectives.

Conclusion: A Bright Future Ahead

With nearly 350 secondaries transactions amounting to over $33.2 billion in value advised in 2024 alone, Debevoise’s prowess in this sector is evident. The integration of Skandakumar and Kubik is anticipated to spearhead further advancements in its offerings. Their addition not only enhances the firm's reputation but also exemplifies Debevoise's ongoing commitment to achieving excellence in client service and innovative financial solutions as the private equity landscape continues to evolve. As they step into their new roles, all eyes will be on how these developments unfold, especially regarding client outcomes and strategic initiatives in the complex world of private funds.