Experience

• • Hamilton Lane as lead investor in the formation of MiddleGround Capital’s $440 million MiddleGround Carbon CV, L.P. fund.
  • Rithm in its acquisition of Sculptor Capital Management, a multi-strategy hedge fund manager, in a transaction valued at approximately $639 million.
  • Spirit Airlines in its sale, later terminated, to JetBlue for $3.8 billion.
  • EQT Exeter, a purpose-driven global investment organization, in its acquisition of Redwood Capital Group, an asset manager in the multifamily residential property space.
  • Carlyle in its acquisition of Abingworth, a transatlantic life sciences investment firm with over $2 billion in assets under management.
  • Spirit Airlines in its merger, later terminated, with Frontier Group Holdings, parent company of Frontier Airlines, in a transaction valued at $6.6 billion.
  • Antares Holdings LP, a leading provider of lending solutions to private equity sponsor-backed middle-market companies, in its offering of $550 million aggregate principal amount of 3.750% notes due 2027.
  • Kindred Healthcare, a TPG portfolio company and leading specialty hospital company delivering acute health services, in its sale to LifePoint Health, a leader in the delivery of community-based care.
  • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
  • Carlyle in its strategic growth investment and acquisition of a majority stake in Saama, a leading AI-driven intelligent clinical cloud company that enables the life sciences industry to conduct faster and safer clinical developments and regulatory programs, valuing the company at up to $430 million.
  • Sun Life in its $2.475 billion acquisition of DentaQuest.
  • International Paper, a global producer of renewable fiber-based packaging and pulp products, in the separation and spin-off of its global printing papers business, Sylvamo, and related financing arrangements.
  • Jackson and Prudential plc in the separation of Jackson through a demerger, in a transaction valued at approximately $2.5 billion and that establishes Jackson as an independent, publicly-traded company.
  • Prudential Financial in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • American International Group in its strategic partnership with Blackstone Group for its Life & Retirement business.
  • Citizens Financial in its acquisition of 80 East Coast branches and the national online deposit business from HSBC Bank USA, N.A.
  • Discovery, Inc. in the acquisition of WarnerMedia from AT&T in a Reverse Morris Trust transaction that values the combined entity at approximately $130 billion.
  • TPG, Welsh, Carson, Anderson & Stowe and Kindred at Home in the sale of Kindred at Home to Humana, valuing Kindred at Home at $8.1 billion.
  • Carlyle in its $2.6 billion sale of MedRisk to CVC Capital Partners.
  • Blackstone's Tactical Opportunities Group in its investment in SUNZ Holdings, a leading provider of workers compensation insurance and related services such as claims administration, policy administration, and customer support.
  • GoDaddy in its acquisitions of the .club and .design domain extensions, as well as 28 domain extensions (and certain other business assets) owned and operated by Minds + Machines Group Limited (MMX).
  • Toyota Motor Corporation, as an investor in Uber Technologies' self driving unit Advanced Technologies Group (Uber ATG), in its sale of Uber ATG to Aurora.
  • Cornell Capital and Hudson Structured Capital Management in their acquisition of a majority interest in Vault Insurance.
  • Kindred Healthcare in the sale of its RehabCare business line, a provider of contract therapy services in 43 states, to Select Rehabilitation, a leading provider of contract rehabilitation services.
  • Cornell Capital and its portfolio company Spectrum Automotive Holdings in their acquisition of CARS Protection Plus, a leading provider of vehicle service contracts.
  • Elliott Management in the restructuring of Windstream Holdings, a leading communications and software company.
  • Verizon in its $6.25 billion acquisition of Tracfone, the largest reseller of wireless services in the U.S.
  • The Independent Order of Foresters in its sale of Foresters Life Insurance and Annuity Company and Foresters Financial Holding Company, Inc. to Nassau Life Insurance Company, a subsidiary of Nassau Financial Group, L.P.
  • Verizon in its acquisition of BlueJeans, a market-leading cloud-based video conferencing and event platform.
  • GoDaddy in its acquisition of Neustar’s Registry business, a registry technology platform that includes an extensive portfolio of top-level domains.
  • Toyota Motor Corporation in its $394 million investment in Joby Aviation, an aerospace company that is developing and commercializing all-electric vertical takeoff and landing aircraft to enable the deployment of fast, quiet and affordable air taxi services.
  • The Special Committee of the Board of Directors of Match Group, a dating company with a market value of over $30 billion, in its separation from IAC.
  • Dealer Tire, a Bain Capital portfolio company, in its acquisition of Dent Wizard.
  • Providence Equity Partners in its majority investment of €200 million in Smartly.io.
  • AXA Equitable Holdings in its agreement to sell U.S. Financial Life Insurance Company & MONY Life Insurance Company of the Americas.
  • New York Life in its $6.3 billion acquisition of Cigna’s Group Life and Disability Insurance business.
  • Prudential Financial in its $2.35 billion acquisition of Assurance IQ.
  • Pacific Life in its sale of Aviation Capital Group to Tokyo Century Corporation.
  • Toyota Motor Corporation in its joint investment, with DENSO Corporation and SoftBank Vision Fund, in Uber’s Advanced Technologies Group.
  • GoDaddy in its acquisition of Sellbrite, a multi-channel management platform.
  • Principal Financial Group in its $1.2 billion acquisition of Wells Fargo & Company’s Institutional Retirement & Trust business.
  • Blackstone’s Tactical Opportunities Group in its strategic minority investment in Annexus, a leading designer of annuities and insurance-based retirement products.
  • AXA and AXA Equitable Holdings on the initial public offering of AXA Equitable Holdings on the New York Stock Exchange for approximately $4 billion, and AXA Equitable Holdings in its offering and sale of $3.8 billion of senior notes.
  • Solenis, a Clayton, Dubilier & Rice portfolio company, in its combination with BASF's paper and water chemicals business.
  • Pitney Bowes in the sale of its global production mail business to Platinum Equity.
  • International Paper in the $1.8 billion combination of its North America Consumer Packaging business with Graphic Packaging.
  • Verizon Communications in its $3.1 billion acquisition of Straight Path Communications, a leading wireless spectrum holder.
  • Tribune Media Company in its $6.6 billion sale, later terminated, to Sinclair Broadcast Group.
  • Greater Media in its $240 million sale to Beasley Broadcast Group.
  • Verizon Communications in its acquisition of Telogis, a provider of Software-as-a-Service (SaaS) technology and services, specifically in the connected vehicle and mobile enterprise management sectors.
  • International Paper in its $2.2 billion acquisition of Weyerhaeuser’s pulp business.
  • Verizon Communications in its $1.8 billion acquisition of XO Communications’ fiber-optic network business.
  • Swiss Re Corporate Solutions in its $153 million acquisition of IHC Risk Solutions and its direct employer stop loss business from Independence Holding Company.
  • Guardian in its sale of RS Investments to Victory Capital.
  • Guardian in the acquisition by its subsidiary, Reed Group, of the absence management administration business of Aon Hewitt.
  • Activision Blizzard in its $5.9 billion acquisition of King Digital Entertainment.
  • Apollo Global Management in its acquisition of a majority interest in the asset management business of AR Capital (subsequently withdrawn), its acquisition of the wholesale distribution business of RCS Capital and its substantial minority equity investment in RCS Capital. (Terminated)
  • StanCorp Financial Group in its $5 billion sale to Meiji Yasuda Life Insurance Company.
  • Independent Committee of the Board of Directors of Martha Stewart Living Omnimedia in its $365 million sale to Sequential Brands.
  • The Board of Directors of Sotheby’s in the structuring and negotiation of an employment agreement with Thomas S. Smith, entered into on his appointment as Sotheby’s Chief Executive Officer.
  • JAB Holdings, the controlling shareholder of Coty, in the structuring and implementation of a new equity compensation program for Elio Leoni Sceti, the newly appointed Chief Executive Officer of Coty, and several of his direct reports.
  • The Financial Services Roundtable with regard to the analysis of the DOL’s proposed changes regarding who is a fiduciary under ERISA and the Code.
  • The Compensation Committee of the Walt Disney Company in renewing the employment agreement of Robert Iger, the Company’s Chief Executive Officer.
  • Verizon Communications in the $10.54 billion sale of its local wireline operations in California, Florida and Texas to Frontier Communications.
  • Prudential Financial in executive compensation matters.
  • Tribune Media Company in its spin-off of Tribune Publishing Company.
  • Various private equity investment fund sponsors, including HarbourVest Partners, with regard to their duties and responsibilities under ERISA.
  • Northwestern Mutual in its $2.7 billion sale of Russell Investments to the London Stock Exchange Group.
  • Protective Life in its $5.7 billion merger with a subsidiary of Dai-ichi Life, a life insurance company listed on the Tokyo stock exchange.
  • TIAA-CREF in its $6.25 billion acquisition of Nuveen Investments, a diversified investment management company with $221 billion in assets under management.
  • Allianz Global Investors in the design, development and implementation of an on-going equity compensation plan to provide investment professionals at PIMCO and its affiliated entities with incentives to perform and continue in PIMCO's service over a period of years.
  • AXA Financial in the $1.06 billion sale of MONY Life Insurance Company and reinsurance of an in-force book of life insurance policies to Protective Life Insurance Company.
  • The Special Committee of the Board of Directors of Dell in the financing aspects of the $24.9 billion sale of Dell to an investor group including Michael Dell and Silver Lake.
  • W.P. Carey, a leader in structuring real estate financing transactions, in a wide array of employment and executive compensation related matters.