Debevoise & Plimpton LLP has advised CANDRIAM, and its affiliate New York Life Investments Alternatives (“NYLIA”), in their strategic partnership with Kartesia Management SA (“Kartesia”), a European specialist provider of private capital solutions for small and mid-sized companies, and the related acquisition of a minority stake in the firm.

The transaction is anticipated to close by year end.

For full details, see here.

The Debevoise team advising CANDRIAM and NYLIA was led by New York partner William Regner, and included associates Dominic Blaxill and Peter Bates. Tax advice was provided by London partner Richard Ward and associate Heather Atkins. Regulatory advice was provided by London and Frankfurt partner Patricia Volhard, international counsel Christopher Dortschy and John Young, and associates Mathieu Voos and Aurore Boussemard. Employment and data protection advice was provided by associate Christopher Garrett.