Weil Advised InfraRed Capital Partners in its $396M Sale of an 80% Stake to Sun Life Financial

Weil advised InfraRed Capital Partners, a global provider of infrastructure and real estate investment management services to institutional and pooled fund clients, in its sale of an 80% equity stake to Sun Life Financial Inc., an international provider of insurance, savings and retirement products, and other financial services, for approximately $396 million. The transaction closed on July 01, 2020. InfraRed’s owners will have a put option to sell their remaining interest to Sun Life four years from the closing, and Sun Life will have the option to call any remaining interest five years from the closing.

The Weil team that advised InfraRed was led by Private Equity partner Harvey Eisenberg and included Private Equity partner Brian Parness and Private Funds partner James Sargent; Private Equity associates Alexander Miachika, Sean Fitzpatrick, Hancen Yu, Alyssa Leventhal and Katherine Cody and Private Funds associates Philip Baynes and Daniella Abel. The team also included Private Funds Regulatory partners David Wohl and Marc Schubert; Private Funds Tax counsel Aron Joy; Executive Compensation & Benefits partner Sarah Downie; Technology & IP Transactions partner Jeffrey Osterman; Antitrust counsel Vadim Brusser; White Collar Defense, Regulatory and Investigations counsel Adam Safwat; Employment Litigation counsel Ivor Gwilliams; Private Funds associates Hannah Cooper and Kavisa Thacker; Executive Compensation & Benefits associates Craig Olshan and Daniel Rios; Technology & IP Transactions/Privacy associate Phillip Grudzina; Antitrust associate Neil Rigby; and Employment Litigation associate Simon Gorham.