Cadwalader advised global investment firm ATLAS SP Partners in the establishment of a joint venture between Swedish real estate group SBB (Samhällsbyggnadsbolaget i Norden AB) and global alternative investment manager Castlelake in a SEK 5.2 billion ($504.4 million) deal, announced February 25.

Under the transaction, the joint venture, SBB Infrastructure, will use the loan proceeds from Castlelake, which was supported by ATLAS, to acquire properties from SBB and to refinance debt to SBB, according tothe official statement.

The trans-Atlantic Cadwalader team was led by partners Nick Shiren and Sabah Nawaz and included partners Adam Blakemore, Kathryn Borgeson and Lisa Pauquette; special counsel Simon Walsh; senior attorney Satvi Vepa; associate Stephen Heydenrych; and trainee solicitor Emily Corsie.