Mary Wallace

Of Counsel

Washington, D.C.

Mary Wallace, Of Counsel in the Washington, D.C., office, has been a corporate lawyer for over twenty years and is a member of the M&A and Private Equity Group. Mary has extensive experience in sophisticated corporate and finance transactions, including broad experience in investor-side representation in investments in private equity and mezzanine funds and mezzanine debt and equity co-investment transactions.  She has represented public pension fund investors, including the Washington State Investment Board and the Oregon Public Employees Retirement Fund, and well as private investors, such as the alternative investment program of a global health services company.

Mary represents financial institutions and other entities in connection with private debt financings (secured and unsecured), co-investment transactions, private equity financings and restructurings involving privately held companies.  She regularly negotiates and drafts complex legal documents to implement these transactions.

  • Fund Investments

    Mary has recently represented insurance companies in connection with the following investments:

    • $50 million investment in AEA Middle Market Debt Fund III, LP, a $200 million fund formed to make investments in senior secured loans in middle market companies
    • $100 million investment in Strategic Partners VII, L.P., a $6 billion fund formed to make secondary private equity investments
    • $50 million investment in AEA Investors Small Business Fund III LP, a $400 million fund that sponsors control-oriented private equity investments in growing companies
    • 50 million Euro expansion capital investment in TDR Capital II Holdings L.P., an English limited liability partnership to which approximately 1.5 billion Euro in assets were contributed and with respect up to 750 million Euro in follow-on investments are anticipated

    Mary also recently represented two public pension plans in connection with each of their $400 million investments in Stonepeak Infrastructure Fund II LP, a $2.5 billion fund investing in middle-market infrastructure investments


    Mary's recent co-investment transactions include:

    • Public pension plan's $35 million equity co-investment in connection with the acquisition of ExteNet Systems, an owner and operator of distributed network systems and other wireless infrastructure
    • Insurers' $13 million second lien loan to Generation Brands Holdings, Inc., providing lighting for commercial and residential uses 
    • Insurers' $9.75 million sub debt and equity co-investment in connection with the acquisition of Hickory Springs Manufacturing Company by Elite Comfort Solutions LLC, which develops and makes specialty foam for the bedding/home furnishing industry
    • Insurers' $15 million sub debt and equity co-investment in Dexter Axle Company and its parent, a trailer axle and break manufacturer, in connection with the acquisition of BLITZ F15-482 GMBH and AL-KO Kober SE
    • Insurers' $10 million sub debt co-investment in Carter-Waters LLC, the leading mid-West distributor of construction materials
    • Insurers' and insurance company separate account's $5 million equity co-investment in CFS 915 Credit, LLC, the owner of Cardiac Science Corporation, a leading designer and manufacturer of AEDs