Lightyear Capital’s Acquisition of Clarion Partners
February 16, 2011
On February 15, 2011, Lightyear Capital and the management of Clarion Partners, a premier real estate investment management firm owned by ING Group, reached agreement with ING to acquire the U.S.-based real estate firm for approximately $100 million. Lightyear is a leading New York-based private equity firm focused on financial services investing. Cravath represented Lightyear in connection with this transaction. The transaction is expected to close in the second half of 2011.
The Cravath team included partner Peter S. Wilson and associates D. Gordon Cruess and Christopher K. Couvelier on corporate matters; partner Andrew W. Needham and associates Mark E. Dundon and Audry X. Casusol on tax matters; associates Jarrett R. Hoffman and Kevin E. Manz on executive compensation and benefits matters; and partner Kevin J. Grehan and senior attorney Gary R. Eisenman on real estate matters.
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People
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J.D., 1979, Harvard Law Schoolcum laude
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B.Comm., 1976, McGill Universitywith Great Distinction
Education
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M.B.A., 1992, The Wharton School of the University of Pennsylvania
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LL.M., 1990, Georgetown University Law Center
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J.D., 1986, Georgetown University Law Center
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B.A., 1982, University of Arizona College of Law
Education
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December 22, 2023
Videndum plc’s Private Placement of Ordinary Shares
Cravath represented Videndum plc in connection with its £125 million 4(a)(2)/Reg. S private placement of ordinary shares by way of a firm placing and placing and open offer. Videndum plc is a leading global provider of premium branded hardware products and software solutions to the content creation accessory industry. The shares were listed on the London Stock Exchange. The transaction closed on December 8, 2023.
