Sun Life Acquires Remaining Equity Interests in BGO and Crescent Capital

Paul, Weiss advised Sun Life Financial Inc. on its acquisition of the remaining equity interests in BGO, its global real estate investment management advisor and provider of real estate services, and Crescent Capital Group, its global alternative credit investment manager. As part of the transaction, Sun Life paid $1.16 billion for the remaining 44% interest stake in BGO and $608 million for the remaining 49% stake in Crescent.

The Paul, Weiss team was led by corporate partners Matthew Collin and David Hepp and associate James Caballero, and included partners Reva Raghavan, Hein Visser, James King and Toby Karenowski and counsel Antony Freeman; tax partners Cian O’Connor, Lindsay Parks, Timothy Lowe, Jamie Chambers and Rohit Pisal, and counsel Patrick Karsnitz, Daniel Bleiberg and Adam Parry; executive compensation partner Lawrence Witdorchic and counsel Annie Anderson; litigation partners Gregory Laufer and Pietro Signoracci; and intellectual property partner John Patten and counsel Alex Zapalowski.