Kirkland & Ellis Advises EMR Capital on Closing of US$450 Million EMR Capital Resources Fund 1

Monday, February 16, 2015

Kirkland & Ellis has advised EMR Capital, a specialist mining private equity manager, which recently closed EMR Capital Resources Fund 1. The fund was oversubscribed and closed with aggregate capital commitments of US$450 million. The fund, which will make investments in global metals and mining companies and projects, accepted commitments from a broad mix of global institutional investors, including endowments, foundations, family offices and fund of funds. More >>

Tags:  Kirkland & Ellis LLP | London | New York

Gunster hires shareholder to private wealth services practice in Miami

Friday, February 13, 2015

Gunster, one of Florida’s oldest and largest full-service business law firms, is pleased to announce Mary Karr has joined the firm as a shareholder in the Miami office.

Karr is a member of Gunster’s private wealth services practice and has experience in estate planning internationally and domestically, in probate and trust administration, litigation and tax controversy. More >>

Tags:  Gunster, Yoakley & Stewart, P.A. | Miami

Hess Corporation’s $4 Billion Credit Facility

Friday, February 13, 2015

Cravath represented the agent, JPMorgan Chase Bank, N.A., in connection with the arrangement of a $4 billion five‑year revolving credit facility for Hess Corporation, a leading independent energy company engaged in the exploration and production of crude oil and natural gas with operations in more than a dozen countries. The transaction closed on January 21, 2015. More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Goodwin Advises Voyager Therapeutics in up to $875 Million Strategic Collaboration with Genzyme

Friday, February 13, 2015

Goodwin Procter advised Voyager Therapeutics on its recently announced major strategic collaboration with Genzyme to discover, develop and commercialize novel gene therapies for severe central nervous system (CNS) disorders. According to the agreement, Genzyme will make an upfront commitment of $100 million to Voyager, including $65 million in cash, a $30 million equity investment in Voyager and additional in-kind contributions. Voyager is eligible to receive future potential development and sales milestone payments of up to $745 million, as well as tiered royalties on product sales. More >>

Tags:  Goodwin Procter LLP | Boston

Shearman & Sterling Represents Initial Purchasers on $5.2 Billion (Equivalent) Bond Financing in Connection with GTECH S.p.A’s Acquisition of International Game Technology, Inc.

Friday, February 13, 2015

Shearman & Sterling represented Credit Suisse Securities (USA) LLC, Barclays Bank PLC and Citigroup Global Markets Limited as representatives of the several initial purchasers in connection with GTECH’s offering of $5.2 billion (equivalent) of temporary senior secured notes, comprising: $600 million aggregate principal amount of 5.625% senior secured notes due 2020, $1,500 million aggregate principal amount of 6.250% senior secured notes due 2022, $1,100 million aggregate principal amount of 6.500% senior secured notes due 2025, €700 million aggregate principal amount of 4.125% senior secured notes due 2020 and €850 million aggregate principal amount of 4.750% senior secured notes due 2023. More >>

Tags:  Shearman & Sterling LLP | London

Baker Botts Represents American Industrial Partners in Purchase of Anixter’s Fasteners Unit For $380 Million

Friday, February 13, 2015

Anixter International Inc. (NYSE: AXE) announced that it has entered into a definitive agreement to sell its OEM Supply – Fasteners (“Fasteners”) segment to American Industrial Partners (“AIP”) for $380 million in cash, subject to certain post-closing adjustments. The transaction, which was approved by Anixter’s Board of Directors, is expected to close during the second quarter of 2015, subject to customary closing conditions and regulatory approval. More >>

Tags:  Baker Botts L.L.P. | Houston | New York | Washington

Quinn Emanuel Opens Seattle Office Led by Former U.S. Attorney and Cyber Law Expert

Thursday, February 12, 2015

The firm has opened an office in Seattle, Washington with former U.S. Attorney, Jenny Durkan. She will serve as Global Chair of the Cyber Law and Privacy Group, and join the firm’s White Collar & Corporate Investigations practice. She will be joined by John (“Jay”) Neukom, a partner from the firm’s San Francisco Office. More >>

Tags:  Quinn Emanuel Urquhart & Sullivan, LLP | London