Sun Life Financial’s $396 Million Acquisition Of InfraRed Capital Partners


Weil, Gotshal & Manges advised InfraRed Capital Partners on the deal.

Sun Life Financial Inc. executed the acquisition of an 80% equity stake of InfraRed Capital Partners for approximately $396 million. The transaction closed on July 01, 2020.

InfraRed’s owners will have a put option to sell their remaining interest to Sun Life four years from the closing, and Sun Life will have the option to call any remaining interest five years from the closing.

InfraRed Capital Partners is a global provider of infrastructure and real estate investment management services to institutional and pooled fund clients.

Sun Life Financial Inc. is an international provider of insurance, savings and retirement products, and other financial services.

The Weil team that advised InfraRed was led by Private Equity partner Harvey Eisenberg (Picture) and included Private Equity partner Brian Parness and Private Funds partner James Sargent; Private Equity associates Alexander Miachika, Sean Fitzpatrick, Hancen Yu, Alyssa Leventhal and Katherine Cody and Private Funds associates Philip Baynes and Daniella Abel. The team also included Private Funds Regulatory partner David Wohl and Private Funds Regulatory associate Marc Schubert (elected partner effective January 1, 2020); Executive Compensation & Benefits partner Sarah Downie; Technology & IP Transactions partner Jeffrey Osterman; Private Funds Tax counsel Aron Joy (elected partner effective January 1, 2020); Antitrust counsel Vadim Brusser; White Collar Defense, Regulatory and Investigations counsel Adam Safwat; Employment Litigation counsel Ivor Gwilliams; Private Funds associates Hannah Cooper and Kavisa Thacker; Executive Compensation & Benefits associates Craig Olshan and Daniel Rios; Technology & IP Transactions associate Phillip Grudzina; Antitrust associate Neil Rigby; and Employment Litigation associate Simon Gorham.

Involved fees earner: Daniella Abel – Weil, Gotshal & Manges; Philip Baynes – Weil, Gotshal & Manges; Vadim Brusser – Weil, Gotshal & Manges; Katherine Cody – Weil, Gotshal & Manges; Hannah Cooper – Weil, Gotshal & Manges; Sarah Downie – Weil, Gotshal & Manges; Harvey Eisenberg – Weil, Gotshal & Manges; Sean Fitzpatrick – Weil, Gotshal & Manges; Simon Gorham – Weil, Gotshal & Manges; Phillip Grudzina – Weil, Gotshal & Manges; Ivor Gwilliams – Weil, Gotshal & Manges; Aron Joy – Weil, Gotshal & Manges; Alyssa Leventhal – Weil, Gotshal & Manges; Alexander Miachika – Weil, Gotshal & Manges; Craig Olshan – Weil, Gotshal & Manges; Jeffrey Osterman – Weil, Gotshal & Manges; Brian Parness – Weil, Gotshal & Manges; Neil Rigby – Weil, Gotshal & Manges; Daniel Rios – Weil, Gotshal & Manges; Adam Safwat – Weil, Gotshal & Manges; James Sargent – Weil, Gotshal & Manges; Marc Schubert – Weil, Gotshal & Manges; David Wohl – Weil, Gotshal & Manges; Hancen Yu – Weil, Gotshal & Manges;

Law Firms: Weil, Gotshal & Manges;

Clients: InfraRed Capital Partners Limited;

Author: Ambrogio Visconti