Simpson Thacher Represents BlueMacaw in Equity Investments by Oaktree Capital Management in Certain of BlueMacaw’s Managed Funds
01.05.23
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The Firm recently represented BlueMacaw Gestora de Recursos Ltda. (“BlueMacaw”) in connection with the equity investments of Oaktree Capital Management, L.P. in the aggregate amount of R$235 million in certain of BlueMacaw’s managed funds. BlueMacaw expects to use the proceeds to invest in logistics warehouses and diversify its existing real estate investment portfolio in the Brazilian states of Minas Gerais, Rio de Janeiro and São Paulo.
Founded in 2019, BlueMacaw is a Brazilian alternative investment manager with a focus on real estate assets in the real estate and real estate-related segments in Brazil.
The Simpson Thacher team included Glenn R. Sarno, Steven Homan and Winnie Y. Loureiro (Funds); and Andrew B. Purcell, Caroline W. Phillips and Preston Irace (Tax).