Debevoise & Plimpton LLP has advised Canson Capital Partners (“Canson”) in the formation of Canson Capital Partners (York) Co-Investment, SCSp (the "fund"), which held its final closing on 13 August 2018 with aggregate capital commitments of just over $100 million, including sponsor commitment.
The fund will co-invest alongside the Blackstone led consortium in the acquisition of a majority stake in the Financial and Risk division of Thomson Reuters, to be known as Refinitiv, a transaction that valued it at approximately $20 billion.
The fund was significantly oversubscribed and has a mix of high quality institutional investors, family offices and high-net-worth professional investors.
This is Canson's first co-investment vehicle.
The Debevoise team advising Canson was led by partner Geoffrey Kittredge, and included associates Benjamin Amos and Nicholas Kagan. Tax advice was led by London partner Richard Ward, assisted by associate Patrick Fasoro.
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.