Carlyle has agreed to pay an undisclosed sum for its share in New York-based ESG, which was established in 2002 with seed funding from Tiger Management and oversees assets totaling $1.6 billion. A Carlyle statement announcing the deal said that Tiger will retain an undisclosed ownership stake in the group and “significant investment” in its funds. The transaction, which has already received the requisite fund consents, is expected to close on July 1.
The Simpson Thacher team advising Carlyle consists of M&A partners Gary Horowitz and Ed Chung, funds partner Olga Gutman, tax partner John Creed, employment partner Alvin Brown, and securities partner Josh Bonnie.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
