BlackRock Invests in Authentic Brands Group

Paul, Weiss advised General Atlantic LLC in a strategic investment made by entities affiliated with BlackRock, Inc.'s Long Term Private Capital (LTPC) strategy in General Atlantic portfolio company Authentic Brands Group (ABG), owner of a portfolio of iconic and world-renowned brands. LTPC will become the largest investor in ABG, joining existing stakeholders General Atlantic, Leonard Green & Partners, Lion Capital, Simon Property Group, Brookfield Properties, and retired basketball star Shaquille O’Neal.

The Paul, Weiss team includes corporate partners Neil Goldman, Matthew Abbott and Amran Hussein and counsel Ji Lu and Philip Heimowitz; tax partners Patrick Karsnitz, Lindsay Parks and David Mayo; employee benefits counsel Jarrett Hoffman; and antitrust counsel Marta Kelly.