Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 03-10-2012 | Practice Area: | Corporate and M&A |
| Deal Title: | The Carlyle Group purchase of Vermillion Asset Management | Industry: | Financial Services |
| Description: |
The Firm represented The Carlyle Group (NASDAQ: CG) in the purchase of a 55 per cent stake in Vermillion Asset Management ("Vermillion"), effective October 1, 2012. Vermillion is a New York-based commodities investment manager with approximately USD2.2 billion of assets under management as of September 30, 2012. Vermillion has become affiliated with Carlyle's Global Market Strategies business and will become Carlyle's commodities trading platform. The purchase price was not disclosed.
The Simpson Thacher team included: Gary Horowitz, Edward Chung, S.J. Gagliardi and Kevin Chang (M&A); Olga Gutman, Dorothy Mehta, Michael Sabin and Joshua Faber (Funds); John Creed, Sean Austin and Seojung Park (Tax); Alvin Brown and Jeannine McSweeney (Executive Compensation and Employee Benefits); Josh Bonnie (Capital Markets and Securities); and Ken Ehrhard (HSR).
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| Financial Center: | New York | Value: | 0.00-0.00 |
| Advised Party: | Private Equity Investor | Law Firm | Simpson Thacher |
| Target Company Jurisdiction | United States | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Primary Buy-Out |
Lawyer | Gary I Horowitz |
