Trench Rossi Watanabe advises Aegon on MAG Investimentos’ FII
Trench Rossi Watanabe advised the Aegon Group, a shareholder of MAG Investimentos, on a strategic transaction that enabled the launch of the manager’s first real estate fund on B3, MAG Ativos Imobiliários Multiestratégia FII (MAGM11).
The transaction included the acquisition of shares issued by the manager, with the negotiation of the necessary contracts and tax and regulatory advice. The total investment amounted to R$ 111 million.
The new fund, which is debuting in a challenging environment for fundraising due to high interest rates, aims to invest actively and diversely in different segments of the real estate sector, including Real Estate Receivables Certificates (CRIs), shares in other FIIs, and real assets. The initiative reinforces MAG Investimentos’ strategy of expanding its portfolio and exploring opportunities in a changing market.
The Trench Rossi Watanabe team was led by partner Anna Mello (pictured), with the participation of partners Eduardo Herszkowicz and Reinaldo Ravelli, as well as associates Victor Sigaud, Gabriel Valuche, Victoria Villas Boas Teixeira, Bruno Gontijo, and Marcello Cimino.