Clifford Chance is advising Nuveen, a leading global investment manager with over $1 trillion of assets under management, on its acquisition of Glennmont Partners, one of Europe’s largest renewable energy fund managers. The transaction will enhance Nuveen’s existing private infrastructure platform, positioning it to meet increasing global demand for environmentally responsible investments that also aim to provide alternative sources of attractive returns.

The acquisition takes Nuveen’s private real assets AUM to over $150bn, further diversifying the platform offering, which includes real estate, farmland, infrastructure, timberland, agribusiness, and commodities.

The Clifford Chance team was led by Corporate Partner Nick Rees with support from Senior Associate Riaz Pirmohamed and Associate Chelsea Bruk-Jackson. The cross-practice team advising Nuveen on this transaction included expertise from Clifford Chance lawyers specialising in Funds, Antitrust, Tax, Regulation, Incentives, Employment, IP, Finance and TMT, from the firm’s offices in London, Luxembourg, Paris and Dusseldorf.