Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 13-12-2013 | Practice Area: | Corporate and M&A |
| Deal Title: | KKR Asset Management/Borealis Maritime Second-Hand Vessels JV | Industry: | Industrial Transportation |
| Description: |
The Firm is representing KKR Asset Management LLC, an affiliate of KKR & Co. L.P., in connection with its joint venture with the principals of Borealis Maritime Ltd., a U.K.-based manager of oceangoing tanker and other shipping vessels. The joint venture will focus on opportunities in the secondhand vessel market.
KKR Asset Management LLC offers a broad range of investment products and invests across the corporate equity and credit spectrum, including (i) leveraged credit strategies, such as leveraged loans and high yield bonds, (ii) liquid long/short equity strategies, and (iii) alternative credit strategies such as mezzanine investments, special situations investments and direct senior lending.
The Simpson Thacher team includes Ed Chung, Gary Horowitz and John Kupiec (M&A) and Katharine Moir and Jason Vollbracht (Tax).
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| Financial Center: | New York | Value: | 0.00-0.00 |
| Advised Party: | Joint Venture Party | Law Firm | Simpson Thacher |
| JV Party Jurisdiction | United States | JV Party Jurisdiction | United States |
| Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Edward J H Chung |
