Simpson Thacher Represents Grosvenor Capital Management in its Announced Acquisition of CFIG from Credit Suisse

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.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Paul 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.

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Tags:  Paul Hastings, LLP | New York

Chadbourne Represents Southern Cross in Latin America Private Equity Fund in US$122.5 Million Acquisition

Chadbourne & Parke LLP represented Southern Cross Latin America Private Equity Fund IV, L.P. (Southern Cross) in connection with the acquisition of San Antonio Internacional Co. Inc. (SAI) by Estrella International Energy Services Ltd. (Estrella), and related acquisition financing. Estrella is a group of companies engaged in providing services to the petroleum, mining and geothermal industries in Latin America and its controlling shareholder is Ringo Holding L.P. (Ringo), which is an affiliate of Southern Cross. The deal closed on August 1, 2013.

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Tags:  New York

Dentons Adds Leading Energy Partner Andrew Schifrin in New York

Dentons announced today that Andrew D. Schifrin, a veteran energy lawyer, has joined its preeminent Energy, Transportation and Infrastructure practice as a partner in the New York office. Schifrin joins from Dickstein Shapiro LLP, where he was a partner. He previously was at Torys LLP and King & Spalding LLP.

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Tags:  Dentons | New York

Proskauer – American Realty Capital Properties Closes $300 Million Convertible Senior Notes Offering

Global law firm Proskauer served as counsel to American Realty Capital Properties, Inc. (“ARCP”) in its underwritten public offering of $300.0 million of ARCP’s 3.00% Convertible Senior Notes due 2018 (“Notes”). The Notes are unsecured and include “Instrument X,” which means ARCP can choose to deliver, at its election, cash, shares of its common stock or a combination of cash and shares of its common stock to holders when they convert their Notes. The transaction closed on July 29, 2013. As a result of the offering, ARCP received $290.25 million in net proceeds from the offering and intends to use the net proceeds of the offering (a) to repay outstanding indebtedness under its existing senior secured credit facility (which will increase the availability of funds under such credit facility) and (b) for other general corporate purposes which includes investing in properties in accordance with its investment objectives. Additionally, the representatives for the underwriters delivered notice to ARCP on July 29, 2013 electing to partially exercise their over-allotment option to purchase $10.0 million of additional Notes, which is expected to close on or about August 1, 2013.

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Tags:  Proskauer Rose LLP | New York

Cravath – The WhiteWave Foods Company’s Class A Common Stock Offering

Cravath represented the underwriters, led by J.P. Morgan Securities and BofA Merrill Lynch, in connection with the US$611 million registered offering of 34,400,000 shares of class A common stock of The WhiteWave Foods Company, a leading consumer packaged food and beverage company. Immediately prior to this offering, Dean Foods Company completed a debt‑for‑equity exchange in which Dean Foods exchanged all the shares to be sold in the offering for indebtedness of Dean Foods held by J.P. Morgan Securities and BofA Merrill Lynch. J.P. Morgan Securities and BofA Merrill Lynch then sold all the shares to the underwriters for the offering.

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Tags:  Cravath, Swaine & Moore LLP | New York