The Firm is representing Grosvenor Capital Management, L.P. (“Grosvenor”) in connection with its announced agreement to acquire Customized Fund Investment Group (“CFIG”) from Credit Suisse Group AG (NYSE: CS). Following the completion of the transaction, CFIG will be renamed the GCM Customized Fund Investment Group, and will operate as a subsidiary of Grosvenor and maintain its New York headquarters. The combined firm will have over $40 billion in assets under management and 400 professionals across the globe. Terms of the transaction were not disclosed.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Travelex on its £350 Million Senior Secured Notes Offering and Revolving Credit Facility
Simpson Thacher represented a finance subsidiary of Travelex in connection with a Rule 144A and Regulation S offering of £200 million aggregate principal amount of its 8% Senior Secured Notes due 2018 and £150 million aggregate principal amount of its Senior Secured Floating Rate Notes due 2018. Additionally Simpson Thacher represented a subsidiary of Travelex in connection with its entry into a new £90 million Revolving Credit Facility. The transaction closed on August 1, 2013. Travelex used the net proceeds from this offering to refinance outstanding indebtedness.
Tags: Simpson Thacher & Bartlett LLPFormer Coventry Healthcare General Counsel Joins Morgan Lewis
Morgan Lewis announced today that Thomas Zielinski—former executive vice president and general counsel at Coventry Health Care, Inc.—has joined the firm as a partner in its Litigation Practice, resident in Philadelphia.
Tags: Morgan, Lewis & Bockius LLPWhite & Case Expands UK and European Private Equity Practice
Global law firm White & Case LLP has strengthened its UK and European private equity practice with the addition of partner Ross Allardice in the London office.
Tags: White & Case LLPPaul Hastings Advises GE Capital Markets in Financing Arbor Investments’ Acquisition of Keyes Group
Paul Hastings, a leading global law firm, announced today that the firm represented the lead arranger, GE Capital Markets, Inc. in connection with the financing related to Arbor Investments Management, LLC’s acquisition of Keyes Group Holdings, LLC and certain of its subsidiaries, including Keyes Fibre Corporation and Wrap Pack, Inc.
Tags: Paul Hastings, LLP | New YorkNorton Rose Fulbright Acts in Multi-Billion Dollar Myanmar Telecoms Rollout
Norton Rose Fulbright has been appointed as lead international counsel to support Ooredoo (formerly Qatar Telecom) in the greenfields deployment of a multi-billion dollar mobile telecoms network in Myanmar (Burma). The project is one of the leading telecoms projects in the world at present.
Tags: Norton Rose Fulbright | SingaporeTeam Culture Lures Commercial Disputes Partner
Mayer Brown Adds Jeremiah A. DeBerry as Director of Diversity & Inclusion and Names Partner Lori E. Lightfoot as Co-Chair of Firmwide Diversity Committee
Mayer Brown, a leading global law firm, announced that Jeremiah A. DeBerry has been named Director of Diversity & Inclusion in the United States, and will be based in the firm’s New York office.
Tags: Mayer Brown LLPExperienced Insurance Coverage, Technology Attorney Joins Barnes & Thornburg LLP’s Washington, D.C., Office
Scott N. Godes, a veteran trial lawyer with deep experience in insurance coverage matters and technology issues, has joined Barnes & Thornburg LLP’s Washington, D.C., office as a partner in the Litigation Department and the Policyholder Insurance Recovery and Coverage Group.
Tags: Barnes & Thornburg LLPFreshfields Advises on Barclays plc’s Proposed £5.95bn Rights Issue
Leading international law firm Freshfields Bruckhaus Deringer is advising Barclays Bank plc as global co-ordinator, Credit Suisse as sponsor, Credit Suisse, Deutsche Bank, Citigroup and Bank of America Merrill Lynch as joint bookrunners and underwriters on Barclays plc’s proposed rights issue to raise approximately £5.95 billion.
Tags: Freshfields LLP