Mark Proctor

Partner

New York
mark.proctor@lw.com
+1.212.906.1790

PRACTICES

  • Investment Funds

INDUSTRIES

  • Energy & Infrastructure
  • Energy Transition
  • Entertainment, Sports & Media
  • Financial Institutions

BAR QUALIFICATIONS

  • New York

EDUCATION

  • JD, University of Pennsylvania Law School, 2002
    cum laude
  • BA, Cornell University, 1999

PROFILE

Mark Proctor advises clients on the establishment of, investment in, and ongoing operation of private investment vehicles, and regularly provides advice to investment managers in connection with strategic transactions.

Nationally recognized as a leading practitioner in private equity fund formation, Mark draws on a wealth of experience representing private fund sponsors, asset managers, insurers, and reinsurers as well as institutional investors and family offices. He advises clients in the energy and infrastructure, private credit, private equity, insurance, real estate, and venture capital industries on transactions and fund structures, including:

  • Blind pools
  • Co-investment funds
  • Pledge funds
  • Single funds
  • Secondary market transactions
  • Fund formation
  • Secondaries and other liquidity transactions
  • Internal sponsor economic arrangements
  • Joint ventures
  • Separately managed accounts
  • Strategic transactions
  • Establishment of investment platforms and compensation arrangements

Prior to joining Latham, Mark was a partner at another global law firm. Before that, he served as Vice President and Associate General Counsel at Goldman, Sachs & Co., and advised businesses in Goldman Sachs Asset Management, LP, and the Merchant Banking Division.

Additionally, Mark served as law clerk to judge Gary L. Taylor, United States District Court for the Central District of California from 2002–2003. Mark is a frequent speaker and author on key issues concerning the investment funds space, including for leading industry conferences and publications.

EXPERIENCE

Mark’s experience includes advising: 

  • A global real estate investment manager in connection with a potential investment in a reinsurance sidecar*
  • A leading global investment firm and its affiliated insurance company in connection with the establishment of a reinsurance sidecar*
  • A leading independent asset manager in connection with the establishment of venture capital and biotech-focused private investment funds*
  • A state government investment vehicle in connection with a seed investment in a newly formed real estate investment platform*
  • Agogem Capital and New York Life in connection with numerous investments in private equity funds, infrastructure funds, private credit investment vehicles*
  • Aquiline Capital Management LP in connection with the formation of: 
    • Aquiline Credit Opportunities II LP*
    • Aquiline Liquid Credit Fund LP*
  • Breakwall Capital founders in their spin-out from Riverstone Investment Group*
  • CBRE Investment Management in connection with the establishment of an open-ended real estate credit fund*
  • CIP Capital in connection with the formation of CIP Capital Fund III, L.P.*
  • CNO Group in connection with: 
    • The negotiation of multiple investment management agreements*
    • The sale of its interests in several real estate private equity funds*
  • Evergreen Residential Holdings in connection with: 
    • A strategic investment by an insurance company*
    • The establishment of several joint ventures focused on the acquisition and management of single family residential real estate*
  • First Manhattan Inc. in connection with the formation of FMZ Capital Fund I, L.P., a venture capital fund*
  • Flexis Capital in connection with the formation of Flexis Beverage Holdings, L.P.*
  • Full In Partners in connection with the formation of: 
    • Full In Fund I, L.P.*
    • Full In Fund II, L.P.*
  • Goldman Sachs Asset Management in connection with:
    • Numerous outsourced CIO mandates and strategic partnerships with institutional investors*
    • A US-focused real estate fund for sovereign wealth funds*
    • An open-ended, core real estate fund*
    • Several funds of funds
  • Harbor Group International in connection with the establishment of a vehicle to invest in Freddie Mac K Deals*
  • A hedge fund sponsor in connection with the acquisition of a portfolio of interests in energy-focused private equity funds and privately held companies*
  • Irenic Capital Management in connection with the establishment of numerous single company special situations investment vehicles*
  • Lime Rock Partners in the formation of multiple co-investment vehicles*
  • LS Power Equity Advisors in connection with the establishment of an investment vehicle focused on renewable energy*
  • NGP Capital in connection with the formation of numerous co-investment vehicles*
  • Partners of a leading Dallas-based private equity firm in connection with the structuring of their compensation and governance arrangements with the firm*
  • Pickering Energy Partners, in connection with: 
    • The acquisition of Sailing Stone Capital Partners*
    • The establishment of numerous energy-focused investment funds*
    • A US$500 million strategic joint venture with oil and gas operator Henry Resources*
    • Its launch and spin-out of all remaining energy asset management strategies of Perella Weinberg Partners Capital Management*
  • Primestor Development in connection with the formation of The Urban Vision Fund, L.P. *
  • Related Fund Management in the formation of:
    • Related Real Estate Fund II, focused on opportunistic real estate investments
    • Related Real Estate Fund III, focused on opportunistic real estate investments
    • A real estate fund focused on investments in energy-driven markets*
    • Multiple investment vehicles focused on investments for institutional investors in real estate-related debt*
  • SCF Partners in connection with the formation of multiple private equity funds specializing in oilfield services investments*
  • Second Alpha Partners in connection with establishment of Second Alpha Partners V, L.P. and numerous co-investment vehicles*
  • Talcott Life in connection with the negotiation of multi-asset class investment management agreements*
  • The Related Companies in connection with the establishment of a “GP fund” focused on development of real estate projects in New York and London*
  • TPH Asset Management in connection with its acquisition by Perella Weinberg Partners*
  • TPG Capital in connection with the formation of:
    • TPG Partners IV, LP*
    • TPG Partners V, LP*

*Matter handled prior to joining Latham