Dechert LLP advised Pradera, one of Europe’s leading specialist retail property fund and asset managers, on the structuring and launch of a new investment vehicle in form of a RAIF (reserved alternative investment fund). The Luxembourg based fund “Pradera European Retail Parks SCSp” has signed a contract to acquire a portfolio of 25 prime retail parks for EUR 900 million. The parks, all situated next to IKEA stores in eight countries, comprise around 500 units with approximately 538,000 sqm.

March 6, 2017, King & Wood Mallesons (“KWM") advised Coatue Management, L.L.C. with respect to its investment in OFO’s series D financing. The series D round of preferred equity financing raised approximately US$450 million, with the largest investment from DST (Digital Sky Technology), followed by a number of renowned PRC and overseas institutions, including but not limited to Didi, CITIC Private Equity Funds, Atomico, Macro-link Group and Coatue.

The investment will support New Reflexions as it expands its services to other regions, enabling it to work with more vulnerable young people.

The corporate team at Burges Salmon has advised specialist fund manager Bridges Fund Management (Bridges) on its investment in children's residential care provider New Reflexions.

Bridges’ investment was made through its new permanent capital vehicle Bridges Evergreen Holdings (Evergreen), which was launched last year to provide long-term support for ambitious mission-led enterprises.

Linklaters acted for Eni on its agreement to sell shares in Eni East Africa SpA equating to a 25% indirect participating interest in Area 4, offshore Mozambique. Eni will continue to hold further shares in Eni East Africa equating to a 25% indirect participating interest in Area 4. The Area 4 joint venture led by Eni has made a series of major gas discoveries offshore of Mozambique in recent years, and is currently progressing related LNG production projects including the Coral South floating LNG project.

Global law firm White & Case LLP has advised Eurazeo, one of the leading listed investment companies in Europe, on the completion of its investment in the confectionery and chocolate sector and the creation of a new independent group, CPK Group.

The London-based banking team at legal business DWF has advised Clydesdale Bank in relation to two recent finance transactions.
 

Herbert Smith Freehills has advised NSW Treasury and the Department of Family and Community Services (FACS) on the successful completion of five transactions that will comprise the first stage of the $1.1 billion Social and Affordable Housing Fund (SAHF).

Osborne Clarke has advised eMio on the closing of a series A financing round. The investment is a seven figure sum and comes from IBB associated company, a Hamburg-based family office and further investors from Germany, Italy and Austria.

Macfarlanes is pleased to announce that is has advised Hayfin Capital Management, a leading European credit platform, on the raising of its second direct lending fund, which recently closed with commitments in excess of €3.5bn.

Hayfin is a longstanding client of the firm, with Macfarlanes previously instructed to act on other core projects for the company including its establishment in 2009 and its recent sale to British Columbia Investment Management Corporation (bcIMC) in January 2017.

Travers Smith LLP has advised longstanding client Phoenix Equity Partners ("Phoenix") on their investment in Global Freight Solutions ("GFS"). Phoenix has acquired a majority stake in GFS investing alongside current management. The investment is the third from Phoenix's 2016 fund and will support the continued growth and development of GFS and provide funding for future bolt-on acquisitions.