LONDON, September 19, 2024 – Proskauer, a leading international law firm, today announced it advised funds managed by Oaktree Capital Management, L.P. (“Oaktree”) on their agreement to acquire Close Brothers Asset Management (“CBAM”) from Close Brothers Group plc. The transaction is subject to regulatory approval.
The Proskauer team advising Oaktree was led by partners Rebecca Villarreal and Andrew Wingfield (M&A). It also included associates Karim El-Borhami, Katie Bunce, Cassie Ditzel, Antony Vitanov and Esme Malley (M&A); partner Oliver Howley and associate Jay Frankel (TMT); partner Barry Newman and associate Shameelah Khan (Finance); partner Stephen Pevsner and associate David Ward (Tax); special regulatory counsel Amar Unadkat and associate Michael Singh (Regulatory); special international labor & employment counsel Nicola Bartholomew (International Labor & Employment); and partner Vikki McKay (Private Equity Real Estate).