EagleTree Undertakes GP Stake Transaction

Paul, Weiss helped EagleTree Capital LP secure a structured financing investment from affiliates of AlpInvest Partners and Alberta Teachers’ Retirement Fund Board, and strategic minority equity investments from affiliates of London-based Misland Capital and Bullingham Capital. EagleTree, a leading independent private equity firm investing in the media and business services, consumer, and water and specialty industrial sectors, will use proceeds from the structured financing investment to substantially increase its commitment to the new EagleTree Partners V buyout fund, making EagleTree and its employees the largest investor in that fund. Proceeds from the strategic minority investments—which constitute passive, non-voting stakes—will enhance EagleTree’s financial flexibility and facilitate further growth initiatives in the coming years. Terms of the transactions were not disclosed.

The Paul, Weiss team included, among others, corporate partners Michael Vogel, Marco Masotti and counsel Philip Heimowitz; tax partners David Mayo, Patrick Karsnitz and David Sicular and counsel Mashiho Yuasa; litigation partner Gregory Laufer; and antitrust counsel Marta Kelly.