The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Lovells has been instructed by a group of former Babcock & Brown staff who have bought out the failed firm’s €2.2bn (£1.9bn) European infrastructure fund.
Babcock’s former senior partner Simon Gray, managing partner Toto Lo Bianco and five other partners have bought out the Babcock & Brown European Infrastructure Fund (BBEIF) in their new company, Arcus Infrastructure Partners. The fund will be renamed Arcus European Infrastructure Fund 1.
Lovells corporate partner Steven Bryan led the team working on the deal, with help from corporate partner Ben Higson and funds partner Eric Jamieson.
Bryan said: “We’re very pleased to have been able to assist Arcus in its establishment with a dedicated and talented group of individuals, who will be able to focus on the interests of the institutional investors in the fund, independently of the Babcock & Brown Group, and so resolving a period of uncertainty for the fund.”
Babcock & Brown, which was known for doing structured finance deals, was placed into voluntary administration in March.
Banco Espirito Santo de Investimento provided financing for Arcus’s acquisition of the infrastructure fund, under advice from Allen & Overy partner Sanjeev Dhuna.
Freshfields had a longstanding relationship with Babcock & Brown, led through former finance head Perry Noble. When Noble left the firm last year he spent several months working at Babcock & Brown (4 May 2009).