Weil is advising American Securities in its definitive agreement to sell diversified alternative credit fund manager AS Birch Grove LP to Third Point LLC. Upon consummation of the transaction, expected in Q1 2025, Birch Grove will become a subsidiary of Third Point.
Based in New York, AS Birch Grove LP is an $8 billion diversified alternative credit manager focused on corporate and structured credit opportunities primarily within the United States within both the liquid and private credit markets.
The Weil team is led by Head of U.S. Private FundsĀ Jonathon SolerĀ and Private Equity partnerĀ Brian ParnessĀ and includes Private Equity associatesĀ Larissa LucasĀ andĀ Talli Sharp; Private Funds associateĀ Adam Ofman; Tax partnersĀ Robert FrastaiĀ andĀ Jonathan MackeĀ and associateĀ Sarah Yue; Technology & IP Transaction partnerĀ Dennis AdamsĀ and associateĀ Hilary Wilders; and Private Funds Regulatory partnersĀ Chris MulliganĀ andĀ David Wohl.
