Recognized as one of the premier practices in the industry, the Investment Funds Group leverages its extensive market knowledge and deep, long-term relationships to help sophisticated clients reach their most important investment goals. We have been at the forefront of some of the industry’s most creative and innovative investment product developments, helping clients set market trends instead of reacting to them.
Orix USA Asset Management "Seed & Stake" of New Health Capital Partners
Paul, Weiss represented ORIX USA Asset Management in its "Seed & Stake" of New Health Capital Partners (NHCP), a new alternative investment manager founded to make private equity-style investments in health care and life sciences portfolio companies. The investment provides Orix with a unique opportunity to invest in the industry and demonstrates its commitment to the global asset management industry. The fund will invest in senior secured loans, majority equity stakes and other forms of structured financing. ORIX committed $150 million to NHCP funds in connection with this transaction, and received an ownership stake in NHCP as part of its investment.
The Paul, Weiss team advising ORIX on the transaction included, among others, corporate counsel Nathan R. Pusey; tax partner Richard J. Bronstein; and employee benefits counsel Reuven Falik.