Semma Arzapalo represents large institutional investors in numerous private equity transactions ranging from initial due diligence to investing in complex limited partnerships.

As a part of her private equity practice, Semma also represents institutional investors in negotiating investment terms in private equity, hedge fund and real estate investments, in restructuring private equity investments and real estate investments, and in portfolio transactions. Her corporate and transactional practice includes advising clients on general corporate matters, including mergers and acquisitions and joint ventures.

Representative Experience

Advised institutional investor in largest secondary sale in U.S. history.

Professional Highlights

Named one of the “Most Influential Minority Attorneys” by the Los Angeles Business Journal, 2017

Investment Roundtable-Side Letters, Panel Presentation, National Association of Public Pension Attorneys, June 2013

Member of the National Association of Public Pension Attorneys

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  • Speaking Engagements
    • “Fiduciary Duties: Why They Matter,” Institutional Limited Partners Association Workshop (October 9, 2018)
    • Spoke on “Current Terms and Trends for Limited Partners in Limited Partnership Agreements” at the Institutional Limited Partner Association’s AMEXCAP LP Workshop in Mexico City, March 2018
    • Frequent speaker at NAPPA conferences
  • Associations
    • Member of the Los Angeles County Bar Association


  • J.D., University of Michigan Law School, 2005
    Associate Editor, Michigan Journal of Law and Reform

    B.A., University of California, Los Angeles, 2001


  • California


  • Spanish