Debevoise

Avanath Capital Management in the formation of Avanath Affordable Housing IV, a $760 million U.S. real estate fund.

Debevoise & Plimpton LLP has advised Avanath Capital Management, LLC in the formation of Avanath Affordable Housing IV, a $760 million fund dedicated to affordable and workforce housing in the United States. For more information, please see the company’s newsroom. Read More>

KKR in the formation of KKR Asia Pacific Infrastructure Investors, a $3.9 billion Asia Pacific infrastructure fund.

Debevoise & Plimpton LLP has advised KKR in the formation of KKR Asia Pacific Infrastructure Investors SCSp, a $3.9 billion fund focused on infrastructure-related investments across Asia Pacific. The fund was significantly oversubscribed and closed at its hard cap to become the largest pan-regional infrastructure fund to have been raised for Asia Pacific. For more information, please see KKR’s press release. Read More>

Nassau Financial Group in the issuance of $100 million of non-cumulative perpetual preferred equity to Wilton Re and Stone Point Credit.

Debevoise & Plimpton LLP is advising Nassau Financial Group (“Nassau”) in receiving a strategic investment of $100 million from Wilton Reassurance Company (“Wilton Re”) and Stone Point Credit (“Stone Point”). Nassau intends to use the new capital to support growth across its insurance and asset management businesses, in addition to opportunistic transactions. The investment was made principally through the issuance of a new series of non-cumulative perpetual preferred equity and may increase substantially as Nassau’s business grows. For more information, please see the company’s press release. Read More>

Domtar in the $920 million sale of its personal care business to American Industrial Partners.

Debevoise & Plimpton LLP is advising Domtar Corporation (NYSE: UFS) in the $920 million sale of its personal care business to American Industrial Partners (AIP). With this sale, Domtar is reinforcing its focus on building an industry-leading paper, pulp and packaging company to deliver long-term shareholder value. For more information, please see the company’s press release. Read More>

Special Committee of R1 RCM in its conversion of all of the Series A Convertible Preferred Stock held by an investment vehicle jointly owned by Ascension and TowerBrook to common stock.

Debevoise & Plimpton LLP is advising the special committee of R1 RCM Inc. (NASDAQ: RCM) in its conversion of all of the Series A Convertible Preferred Stock held by an investment vehicle jointly owned by Ascension Health Alliance (“Ascension”) and investment funds affiliated with TowerBrook Capital Partners L.P. (“TowerBrook”) to common stock. For more information, please see the company’s press release. Read More>

Experience

Avanath Capital Management in the formation of Avanath Affordable Housing IV, a $760 million U.S. real estate fund.

KKR in the formation of KKR Asia Pacific Infrastructure Investors, a $3.9 billion Asia Pacific infrastructure fund.

Nassau Financial Group in the issuance of $100 million of non-cumulative perpetual preferred equity to Wilton Re and Stone Point Credit.

Domtar in the $920 million sale of its personal care business to American Industrial Partners.

Special Committee of R1 RCM in its conversion of all of the Series A Convertible Preferred Stock held by an investment vehicle jointly owned by Ascension and TowerBrook to common stock.