Ashurst advises Dyal Capital, a division of Blue Owl Capital, on its minority investment in PAI Partners
Global law firm Ashurst advised Dyal Capital, a division of Blue Owl Capital, on its strategic minority investment in PAI Partners.
After having notably invested in CVC, Bridgepoint and HIG Capital, Dyal Capital has now taken a minority stake in French private equity firm PAI, through its latest fund Dyal Capital Partners V.
This investment, while not resulting in any operational change, will allow PAI to strengthen its alignment with its limited partners and to pursue its growth strategy.
The terms of the transaction remain undisclosed.
The Ashurst Paris team was led by Corporate Partner Noam Ankri, supported by corporate counsel Isaure Sander, associate Astrid Hubert-Benoist and associate Louis Rainguenet, Tax Partner Emmanuelle Pontnau-Faure and senior associate Solène Guyon, and employment law partner Muriel Pariente and associate Jordan Cohen.
Ashurst's offices in Luxembourg, Madrid and Milan also contributed to the success of this transaction, as well as Fried Frank on the US legal aspects.
