International law firm Pinsent Masons has advised G:Res 1 Limited on the £349m corporate disposal of its market-let residential UK property portfolio to GRIP. GRIP is a residential investment fund backed by Grainger plc, the UK’s largest listed residential landlord, and APG Strategic Real Estate Pool.
Tags: Pinsent Masons LLP
Roetzel is pleased to announce that James V. Inendino has joined the firm’s Real Estate group as a partner in the Chicago office. He will also become a member of the firm’s Financial Institutions industry group.
Tags: Roetzel & Andress, L.P.A.
Duane Morris is pleased to announce that David A. Sussman has joined the firm’s Corporate Practice Group as a partner in its Newark office. Sussman further strengthens Duane Morris’ corporate practice, particularly in the area of private equity transactions. He joins Duane Morris from Day Pitney LLP, where he was co-chair of that firm’s private equity and investment funds practice group.
Tags: Duane Morris LLP
Davis Polk advised Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC as joint book-running managers on an SEC-registered offering by KKR Financial Holdings LLC of 14,950,000 7.375% Series A LLC Preferred Shares, which includes the full exercise of the over-allotment option. The total proceeds of the offering were approximately $374 million.
Tags: Davis Polk & Wardwell | New York
Simpson Thacher recently represented The Carlyle Group in connection with its maiden bond issuance. Carlyle Holdings Finance L.L.C., an indirect finance subsidiary of The Carlyle Group L.P., issued and sold $500,000,000 aggregate principal amount of its 3.875% Senior Notes due 2023 guaranteed by The Carlyle Group L.P., Carlyle Holdings I L.P., Carlyle Holdings II L.P. and Carlyle Holdings III L.P. Carlyle intends to use the net proceeds from the sale of the notes to repay outstanding borrowings under its revolving credit facility and for general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New York
Jackson Lewis LLP, one of the country’s largest and fastest-growing workplace law firms, is pleased to announce that Michelle Duncan has joined the firm’s Denver office as Partner. She brings to Jackson Lewis over 13 years of experience in the labor and employment field, with a particular emphasis on OFCCP, OSHA and Wage and Hour litigation.
Tags: Jackson Lewis P.C. | Denver
Clifford Chance and Al-Jadaan & Partners Law Firm advised Mondelēz International on a joint venture with Olayan Group and Khalifa Algosaibi Group to launch a distribution joint venture in the Kingdom of Saudi Arabia (KSA).
Tags: Clifford Chance LLP | DubaiClifford Chance is advising Sorouh Real Estate PJSC on its proposed merger with Aldar Properties PJSC, terms of which were agreed by their respective boards on 20 January 2013.
Tags: Clifford Chance LLP | Dubai
Morrison & Foerster represented Golden Wheel Tiandi in the first major Hong Kong IPO in 2013, raising HK$756 million. Golden Wheel is an integrated commercial and residential property developer, owner and operator with a proven track record in China. It focuses on developing projects in Jiangsu and Hunan provinces that are physically connected or in close proximity to metro stations or other transportation hubs.
Tags: Morrison & Foerster LLP | Hong Kong
Shearman & Sterling is advising Symphony Technology Group on First Advantage Corporation’s acquisition of the employment and resident screening business of LexisNexis Risk Solutions Inc., a division of Reed Elsevier Group plc. The terms of the transaction were not disclosed.
Tags: Shearman & Sterling LLP | San Francisco