Oakley Capital Acquires GLAS

Paul, Weiss advised Oakley Capital on the financing of its acquisition of a majority stake in London-based GLAS from U.S.-based private equity firm Levine Leichtman Capital Partners. GLAS is a leading global provider of loan administration and bond trustee services for the private credit market. Under the terms of the transaction, Oakley invested alongside La Caisse (formerly CDPQ), which acquired a minority position, and Levine Leichtman, which retained a small stake.

The Paul, Weiss team was led by corporate partners Kanesh Balasubramaniam and Neel Sachdev and included tax partner Rohit Pisal.