In the $2.7 billion acquisition of Angelo Gordon, Shearman & Sterling advises TPG on executive compensation and governance

In the $2.7 billion acquisition of Angelo Gordon, Shearman & Sterling advises TPG on executive compensation and governance

In the $2.7 billion acquisition of Angelo Gordon, Shearman & Sterling advises TPG on executive compensation and governance

Shearman & Sterling assisted TPG Inc. on CEO remuneration, employment, and governance issues relating to its $2.7 billion cash and stock acquisition of Angelo Gordon. The acquisition comprises up to 62.5 million common and restricted stock units of TPG Operating Group and $970 million in cash.

John J. Cannon, Partner

The transaction was made public on May 15 in a press release.

TPG is a large worldwide alternative asset firm founded in San Francisco in 1992 with $109 billion under management with investing and operational teams in 12 offices. TPG invests in five multi-product platforms—Capital, Growth, Impact, Real Estate, and Market Solutions. Angelo Gordon manages $73 billion in credit and real estate investments.

Gillian Emmett Moldowan, Partner

The Team

JOHN J. CANNON | GILLIAN EMMETT MOLDOWAN | MATTHEW BEHRENS | DANIELLA VILLATORO

Matthew Behrens, Counsel

For detailed information, as well as the picture copyright, please see the law firm’s original article here: SHEARMAN & STERLING ADVISES TPG ON EXECUTIVE COMPENSATION AND GOVERNANCE IN $2.7 BILLION ACQUISITION OF ANGELO GORDON.

More news

Trending news

On June 1, 2023, the European commercial law company Fieldfisher opened a new office in Vienna, the capital of Austria.
$1.33 Billion Credit Facilities for Concentrix Corporation Cravath represented the administrative agent, joint lead arranger, and joint bookrunner in the
Maples Group Expands Fiduciary Services Team in Jersey The Maples Group is happy to announce the addition of two experienced
Fried Frank advises Deutsche Bank’s London Headquarters sale Fried Frank represented the seller in the City’s largest post-Covid transaction, Winchester
Latin American and Caribbean Regional Agreement on Environmental Information, Public Participation, and Justice. Environmental Law & Climate Change Department report
Eisenführ Speiser collaborates with IP office Rüter. Eisenführ Speiser will partner with Rüter’s IP office on May 1, 2023. Nora
SevenVentures receives food startup advice from SZA Schilling, Zutt & Anschütz. KoRo SZA Schilling, Zutt & Anschütz partner Dr. Oliver
Hubert Burda Media and FUNKE-Verlag breakthrough Our antitrust team approves Burda-Funke marketing collaboration. The publishers call the agreement forward-looking since
Global Competition Review awards Michael Hausfeld Lifetime Achievement Michael Hausfeld, Hausfeld’s Chair Emeritus, received a Lifetime Achievement Award at Global