$510 million acquisition and related financing of Groupon’s headquarters

Debevoise & Plimpton LLP advised J.P. Morgan Asset Management on the $510 million acquisition and related financing of Groupon’s headquarters, located at 600 W. Chicago Avenue, Chicago, Illinois, in a joint venture with Sterling Bay.

J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management, The Firm, led by Paul Zummo, Lenore A. Petteruti, Richard Bersch, Randy Wachtel and Christopher J. Marshall, is based in New York.. With more than $130 billion in assets under management and over 800 professionals (as of December 31, 2017), it offers strategies across the alternative investment spectrum including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds.

The Debevoise team was led by partner Edward M. Rishty (Picture) and included partner Michael Bolotin; counsel Daniel Farrell; and associate Emily Zheshu Xiao.

Involved fees earner: Edward Rishty – Debevoise & Plimpton; Daniel Farrell – Debevoise & Plimpton; Emily Zheshu Xiao – Debevoise & Plimpton; Michael Bolotin – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: JP Morgan Asset Management;


Author: Ambrogio Visconti