Blackstone Sells Minority Stake in Marathon to CVC

Paul, Weiss is advising Blackstone Strategic Partners in the sale of its interest in Marathon Asset Management, a leading global credit manager. The sale is in connection with CVC’s $1.2 billion cash-and-equity acquisition of Marathon.

The Paul, Weiss team is led by corporate partners Udi Grofman, Matthew Collin and David Hepp, and includes tax partner Reuven Garrett.