Global law firm White & Case LLP has advised Oaktree Capital Management, a leading global alternative investment management firm, on its sale of the SACO property portfolio, one of the UK's leading providers of serviced apartments with an extensive network of properties around the world, to Brookfield Asset Management.
Paul, Weiss represented Chinese internet giant Tencent in its Series B equity financing in Huya Inc., a subsidiary of YY, a leading China-based esports live-streaming social-media platform. The financing round involves an approximately $461.6 million investment into Huya. Upon the completion of this transaction, YY maintains control over Huya. Tencent has a right, exercisable between the second and third anniversary of the closing date, to purchase additional Huya shares at fair market price to reach 50.1 percent of the voting power in Huya.
The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised German Equity Partners IV (GEP IV), a fund managed by the private equity firm ECM Equity Capital Management (ECM), on the acquisition of a stake in Albrecht & Dill Cosmetics GmbH (A&D), the leading distributor of exclusive fragrances in Germany, Austria and Switzerland.
Orrick advised Frankfurt-based fintech startup Giroxx, which specializes in online foreign currency remittances, on a financing round. The main investor is Hessen Kapital, while several business angels have also invested in the company.
As part of its strategy to expand the office and strengthen its practice areas, Tauil & Chequer Advogados announces the arrival of Alexandre Bittencourt Calmon, who joins the Oil & Gas and Mining groups as a partner in Rio de Janeiro. Recognized internationally for his experience in natural resources, Mr. Calmon joins the firm from Vieira Rezende Advogados, where he was co-head of that firm’s Oil & Gas practice.
Continuing its strategic growth in London, international law firm Proskauer announced today the arrival of leading corporate lawyer and private equity specialist Richard Bull.
“Richard shares Proskauer’s vision of serving asset managers, and his extensive experience in private equity and growth capital transactions will be a terrific asset,” said Mary Kuusisto, head of Proskauer’s London office. “We continue to build an acclaimed team and believe in offering true business partners to our clients.”
Emeka Chinwuba has joined Baker McKenzie as a Partner in the North America Banking, Finance & Major Projects Practice, bringing more than 15 years of experience advising on project finance transactions in the power and infrastructure sectors.
Erin Gladney has joined Baker McKenzie as a Partner in its North America Tax Practice, bringing more than 10 years of experience representing taxpayers at all stages of tax controversies, including IRS audits, administrative appeals, and trials in federal courts.
King & Spalding announced today that healthcare transactional lawyer Torrey McClary has joined the firm as a partner in its Los Angeles office.
Kirkland & Ellis International LLP is pleased to announce that Matthew Czyzyk has joined the Firm’s London office as a partner in the Restructuring Practice Group. Mr. Czyzyk focuses his practice on financial restructurings and special situations mandates for a wide range of stakeholders including individual lenders, steering committees, sponsors, borrowers and insolvency officeholders.
In addition to the arrival of Mr. Czyzyk, associates Jack Mead, Alexandra Caddy and Peter Madden will be joining Kirkland’s London restructuring team.