September 30, 2019
Weil advised Brookfield Asset Management Inc. in its acquisition of a 61.2% stake of Oaktree Capital Management. The two companies together will have approximately $475 billion of assets under management and $2.5 billion of annual fee-related revenues, making this one of the leading alternative asset managers, with one of the most comprehensive suites of alternative investment products for investors worldwide. The transaction closed September 30, 2019.
The Weil team that advised Brookfield was led by Mergers & Acquisitions partner Michael J. Aiello and included Mergers & Acquisitions partners Matthew Gilroy and Eoghan Keenan and Mergers & Acquisitions associate Amanda Fenster (elected partner effective January 1, 2020). The team also included Private Equity partner Harvey Eisenberg; Head of U.S. Private Funds Jonathon Soler and Private Funds partner Cassie Kimmelman; Private Funds Regulatory partner David Wohl; Head of U.S. Banking & Finance Douglas Urquhart; Capital Markets partner Michael Hickey; Structured Finance & Derivatives partners Robert Chiperfield and Shawn Kodes; Technology & IP Transactions partner Karen Ballack; Cybersecurity & Privacy Co-Head Randi Singer; Tax Head Joe Pari and Tax partner Chayim Neubort; Executive Compensation & Benefits Head Paul Wessel; Private Equity Executive Compensation & Benefits Head Michael Nissan; Antitrust/Competition partner Jeff White; White Collar Defense, Regulatory and Investigations partner Holly Loiseau; Environmental counsel John O’Loughlin; Private Equity associate Daniel Cohen; Private Funds associate Marc Schubert; Structured Finance & Derivatives associates James Crook, Matthew Nemeth and Joel Hutman; Technology & IP Transactions/Privacy associate Alexa Chu Clinton; Tax associate Eric Remijan; Antitrust/Competition associate Megan Granger (elected partner effective January 1, 2020); and Complex Commercial Litigation associate Olivia Greer.