Ducera Partners

Ducera was co-founded in 2015 by partners Michael Kramer, Derron Slonecker, Joshua Scherer, Agnes Tang, and Adam Verost.^[1][2] Kramer, Slonecker, Scherer and Verost had been colleagues at PWP, and were fired and sued by PWP, who claimed to have discovered their plan to leave and start their own firm. Kramer and his colleagues filed a countersuit for defamation and wrongful seizing of equity, in addition to denying their plan to leave.^[3] In 2016, the New York state court dismissed some of the compensation claims of Ducera's co-founders while allowing their allegations of defamation and interference of business prospects to move forward.^[4]

In 2015, Ducera restructured $72 billion worth of debt for a group of Puerto Rico Government Development Bank bondholders.^[5] In 2016, Ducera and Morgan Stanley advised Monsanto on its sale to Bayer for US$66 billion, of which Ducera was stated to have taken in $50 million in fees.^[6]

• Official website