D1 Capital to Invest in Addepar

Paul, Weiss is advising D1 Capital Partners in its $150 million investment in Addepar as part of the company’s Series F financing round. With the investment, Addepar exceeded its $2 billion pre-money valuation. California-headquartered Addepar is a wealth management platform that specializes in data aggregation, analytics and reporting for complex investment portfolios. The funding will be used to further accelerate the company’s rapid growth, fueling expansion of the business and workforce into new geographies and driving continued development of Addepar’s category-defining platform.

The Paul, Weiss team includes corporate partners Ted Ackerman and Raphael Russo; tax partner David Mayo; and antitrust counsel Yuni Sobel.