Overview
Ian M. Schwartz focuses on the formation and operation of private equity funds. As head of the Firm’s Investment Funds Group, Ian is highly skilled in counseling private fund clients in connection with the structuring of fund investments and provides advice on legal and regulatory compliance matters for funds and their investment advisers. He also assists fund sponsors in connection with the organization and documentation of their internal firm arrangements.
He has served as legal counsel in numerous multibillion-dollar and middle-market private investment fundraisings for institutional and boutique sponsors across a spectrum of investment strategies, including buyout, real estate, mezzanine debt, fund of funds, industry-specific, infrastructure, region-specific, secondary, co-investment and CDO.
Results
- Represented H.I.G. Capital, in the formation of H.I.G. Middle Market LBO Fund IV that closed with aggregate capital commitments of $5.5 billion, in addition to co-investment separately managed accounts of $450 million, significantly exceeding its original target
- Represented Martis Capital, in the formation of its fourth fund, Martis Partners IV, with $779 million in capital commitments, exceeding its target of $700 million
- Represented Lorient Capital in the successful formation and fundraising of its first continuation fund, Lorient Peregrine, a single asset continuation fund that acquired a majority interest in ShiftKey, a healthcare technology company valued in excess of $2 billion
- Represented WhiteHorse Capital, a credit arm of H.I.G. Capital, in the formation of H.I.G. WhiteHorse Direct Lending Fund – 2020, with aggregate capital commitments of approximately $1.65 billion
- Represented 3 Boomerang Capital, in the formation of its flagship fund, 3 Boomerang Capital I, with over $375 million in capital commitments, exceeding its original target
- Represented Speyside Equity Fund I LP and Speyside Equity Opportunity Fund LP in a single-asset continuation vehicle transaction to support future growth initiatives at portfolio company Opta Group LP
- Represented H.I.G. Capital in the formation of its fourth U.S. Realty Partners fund, H.I.G. Realty Partners IV, which closed with aggregate capital commitments of $838 million, exceeding its target
- Represented Boyne Capital in the formation of BCM Fund II, LP
- Represented H.I.G. Capital, in the formation of H.I.G. Europe Realty Partners II, with aggregate capital commitments of €673 million* ($760 million), exceeding its target
- Represented Martis Capital Management, LLC in the formation of Martis Partners III, LP with $545 million in aggregate capital commitments
- Represented H.I.G. Capital in the formation of H.I.G. Europe Middle Market LBO Fund, which closed with aggregate capital commitments of €2 billion
- Represented H.I.G. Capital, in the formation of H.I.G. Realty Partners III, which closed with aggregate capital commitments of approximately $593 million
- Represented Lorient Capital in the fund formation and closing of Lorient Healthcare Fund II which was oversubscribed and closed at its hard cap with aggregate capital commitments of $225 million
- Represented H.I.G. Capital in the formation of H.I.G. Europe Capital Partners III, which closed with aggregate capital commitments of €1.1 billion, exceeding its target
- Represented H.I.G. Capital in the formation of H.I.G. Middle Market LBO Fund III, L.P., which closed with aggregate capital commitments of $3.1 billion, exceeding its target
Recognitions
- Chambers USA, Private Equity: Fund Formation, 2022–2024
- Legal 500 US, Recommended, 2022–2024
- IFLR1000, Private Equity Funds, 2023
Community
- Committee on Private Investment Funds of the Association of the Bar of the City of New York, appointed member
- Association of the Bar of the City of New York, member
- New York State Bar Association, member
Credentials
Education
Georgetown University Law Center, JD, cum laude, 2001
University of Florida, BA, 1998
Admissions
New York
