Weil is advising Irradiant Partners, an alternative investment manager specializing in liquid credit, private credit and renewables, in its sale to an affiliate of Apollo, Redding Ridge Asset Management (RRAM).
As a result of the acquisition, RRAM will add $10.7 billion of CLO AUM, further scaling the business and creating a top five CLO manager with approximately $38 billion of AUM. In addition, Apollo will add $2.2 billion of private credit and renewables AUM from Irradiant.
The Weil team is led by Private Equity partners Ryan Taylor and Brian Parness and includes Private Equity associates Sam de Blecourt, Sam Mendelson and Priya Bajwa (Not Yet Admitted in New York); Private Funds partners David Wohl and Lana Castor and associates Priyanka Bagrodia and Lauren Latino (Not Yet Admitted in New York); Tax partner Chayim Neubort and associate Dylan Lionberger; Executive Compensation & Benefits partners Regina Readling and Victoria Rosamond and associate Elissa Berdini; Employment partner Peter Mee and associate Michael Verdichizzi; Banking & Finance partner Meredith Mackey and associate Dan Cruickshank; U.S. Privacy & Cybersecurity Head Olivia Greer; Technology & IP Transactions partner Dennis Adams and associate Sarah Schwarz; and Structured Finance partner Jeffrey Dawidowicz.
