Orion Infrastructure Capital (OIC) and Liberty Mutual Investments (LMI), the investment firm for Liberty Mutual Group, announced an expansion of their long-term strategic partnership and launch of a new Credit Income Strategy focused on middle-market infrastructure debt opportunities originated across OIC’s platform. As a part of the partnership, LMI entered into a long-term Investment Management Agreement (IMA) with OIC, whereby LMI has the option to deploy up to US$750 million of capital. To date, LMI and OIC have jointly committed US$240 million via the IMA.
Latham & Watkins LLP served as legal counsel to OIC, advising on the transaction and Income Strategy launch, with an Investment Funds team led by Washington, D.C. partner Amy Rigdon, with associates Lexi Santa Ana, Jason Xi, and Chandler Johnson. Advice was provided on tax matters by New York partner Gregory Hannibal and counsel Lauren Bewley, with associate Jack Santoro; and on Advisers Act regulatory matters by Chicago partner Laura Ferrell and Washington, D.C. partner Aaron Gilbride.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
