Weil advised Brookfield Asset Management Inc. in its acquisition of a 61.2% stake of Oaktree Capital Management. The two companies together have approximately $475 billion of assets under management and $2.5 billion of annual fee-related revenues, making this one of the leading alternative asset managers, with one of the most comprehensive suites of alternative investment products for investors worldwide. The transaction closed September 30, 2019.
The Weil team that advsied Brookfield was led by Mergers & Acquisitions partner Michael J. Aiello and included Mergers & Acquisitions partners Matthew Gilroy and Eoghan Keenan and Mergers & Acquisitions associates Amanda Fenster (elected partner effective January 1, 2020), Brianna Dollinger and Shane Safer. The team also included Private Equity partner Harvey Eisenberg; Head of U.S. Private Funds Jonathon Soler and Private Funds partner Cassie Kimmelman; Private Funds Regulatory partner David Wohl; Head of U.S. Banking & Finance Douglas Urquhart; Capital Markets partner Michael Hickey; Structured Finance & Derivatives partners Robert Chiperfield and Shawn Kodes; Technology & IP Transactions partner Karen Ballack; Tax Head Joe Pari and Tax partners Chayim Neubort and Stanley Ramsay; Executive Compensation & Benefits Head Paul Wessel; Private Equity Executive Compensation & Benefits Head Michael Nissan; International Arbitration & Trade partner Ted Posner; Antitrust/Competition partner Jeff White; White Collar Defense, Regulatory and Investigations partner Holly Loiseau; Complex Commercial Litigation partner Randi Singer; Environmental counsel John O’Loughlin; Private Equity associate Daniel Cohen; Private Funds associates Marc Schubert and Kimberly Snyder; Banking & Finance associate Jack Schinasi; Capital Markets associate Claire Logan; Structured Finance & Derivatives associates James Crook, Matthew Nemeth, Laura Edwards and Joel Hutman; Technology & IP Transactions associate Alexa Chu Clinton; Tax associates Eric Remijan and Jake Meninga; Executive Compensation & Benefits associates Craig Olshan and Travis Bruno; Antitrust/Competition associate Megan Granger(elected partner effective January 1, 2020); and Complex Commercial Litigation associate Olivia Greer.