ICG Invests in Lomond

Paul, Weiss is advising global alternative asset manager ICG on the equity arrangements and tax structuring aspects of its acquisition of an interest in Lomond, a leading UK-based lettings and estate agent platform with over 50,000 properties under management. The transaction will support Lomond’s continued growth strategy in its existing markets and provide additional capital to drive expansion into new regions.

The Paul, Weiss team is led by partners Rohan Dey and Timothy Lowe.