Several firms assist in divestment of Carlyle Group funds
Hernandez & Cía. and Payet Rey Cauvi Perez assisted Carlyle South America Buyout Fund, an investment fund of The Carlyle Group, in the divestment transaction, together with other funds of the same group, in three companies of its portfolio in Peru in which they held a minority stake.
This transaction involved the transfer of indirect non-controlling interests in the companies with securities registered in the Public Registry of the Securities Market.
H&Cía’s advice was linked to Azzaro Trading (holding company of Liderman’s business, leader in private security in Peru, Chile and Ecuador), while PRCP provided advice in relation to Inca Rail (rail transport) and Expertia (tourism and sale of travel packages). Legal advice on the transaction was led by Debevoise & Plimpton in New York; while Walkers Global also advised the sellers on an international basis; and Rodrigo Elías & Medrano and Clifford Chance acted as local and international advisors to the purchaser, respectively.
The Carlyle Group is a US-based multinational private equity, alternative asset management and financial services corporation with $382 billion of assets under management. It specialises in private equity, real assets and private credit. It is one of the world’s largest mega-funds.
H&Cía’s team was led by partners Juan Luis Hernández (pictured left) and Fernando Nuñez (pictured centre, left), with support from associates Verónica Balta and Dante Matos.
PRCP’s team included partners Susan Castillo (pictured centre, right) and David Kuroiwa (pictured right), along with senior associate Rafael Ortiz and associate María Teresa Salazar.
Debevoise & Plimpton’s team comprised partners Maurizio Levi-Minzi, Erin Cleary and Jonathan Adler, counsel Sergio Torres and Andrew J. Gershon, international associate Felipe Moraga and associates Olivia Coral, Tiancheng Huang and Rekha Korlipara.
Rodrigo Elías & Medrano’s team was represented by partner Eduardo López and senior associate Fiorella Monge.