London – Dentons is pleased to have advised Natixis Investment Managers, one of the world’s largest asset management firms with more than US$1 trillion assets under management, on its acquisition of MV Credit, the European credit specialist focused on upper mid-cap private debt. Natixis Investment Managers is a subsidiary of Natixis, the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the second-largest banking group in France.
The acquisition of MV Credit marks an important step in the development of Natixis Investment Managers’ European real assets range, providing investors with access to a wide range of strategies in private equity, private debt, real estate, and infrastructure. The acquisition is subject to regulatory approval.
Paul Morel, Corporate partner at Dentons who advised on the deal, said, “We are delighted to have supported longstanding client Natixis on this key acquisition. This deal played to Dentons’ strengths, in particular, our ability to pinpoint and draw on expertise from across multiple locations. It showcases our strong asset management M&A capabilities in both the UK, which were significantly enhanced through our merger with Scottish firm Maclay Murray & Spens late last year, and France.”
The cross-border Dentons team that advised Natixis included lawyers from Paris, London, Edinburgh and Luxembourg. Corporate partners Paul Morel in Paris and Darren Acres in London led on the deal supported by senior associates Zara Diloo and Wei Wu. Partner Ryan Carthew led on employment aspects with support from senior associate Lisa Watson, partner Guy Norfolk and senior associate Owen McLennan advised on the regulatory aspects of the transaction, and partner James Meakin advised on tax issues.