Katten represented Elda River Capital Management, LLC (Elda River) in a new strategic partnership targeting up to $500 million in credit investment with Liberty Mutual Investments, the investment firm for Liberty Mutual Group. The partnership builds on a long-standing relationship between the two firms and broadens the suite of senior credit solutions that Elda River can offer to high-quality, middle-market borrowers across core sectors, including energy and infrastructure, power and renewables, and energy efficiency.
"This transaction reflects the continued growth and evolution of the energy and infrastructure credit markets," said Financial Markets and Funds Partner Stanley Polit. "We were pleased to work with the Elda River team in structuring this new strategic partnership."
The Katten team was led by Stanley and included Financial Markets and Funds Partner Christian Hennion, Partner and Global Co-Chair of the Structured Finance and Securitization Department Howard Schickler, Structured Finance and Securitization Partner David Matthews, Transactional Tax Planning Partner Jill Darrow and Financial Markets and Funds Associate Robert Bourret.