Debevoise & Plimpton LLP has advised The Carlyle Group in connection with the sale by subsidiaries of Carlyle Peru Fund L.P. of their respective controlling stakes in Azzaro Trading S.A., a Peruvian public company that provides surveillance services, corporate security, electronic monitoring, and technology-driven solutions, and Inca Rail S.A., a Peruvian public company and a rail operator providing passenger transportation and tourism services to Machu Picchu, to subsidiaries of RBB L.P.

The Debevoise team was led by investment management partner Jon Adler, tax partner Erin Cleary and M&A counsel Sergio Torres and included insurance M&A partner David Grosgold and associates Jason Zhang, Hadel Alfagir, Emily Cohen and Justin B. Fiszer, investment management associate Daniel Jaret, and tax associates Olivia Coral Daniels and Corey Mavleos.