Blackstone’s Minority Investment in Annexus


Houlihan Lokey served as financial advisor to Annexus and Evercore served as financial advisor to Blackstone. The transaction and financial terms were not disclosed. Debevoise & Plimpton advised affiliates of Blackstone’s Tactical Opportunities Group

Blackstone’s Tactical Opportunities Group executed its strategic minority investment in Annexus, a leading designer of annuities and insurance-based retirement products.

Blackstone is a leading global investment firm with over $457 billion assets under management, including investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds.

Annexus is a leading designer of annuities and insurance-based retirement products.

Debevoise & Plimpton LLP advised Blackstone with a team including Kevin M. Schmidt (Picture), Marilyn A Lion, Lawrence K. Cagney, Peter A. Furci, Michael Schaper and Scott B. Selinger; counsel Judith L. Church; and associates Samuel M. Duncan, Katherine E. Durnan, Matthew B. Parelman, Alana Simone Walker and Charity Brunson Wyatt.

Involved fees earner: Charity Brunson Wyatt – Debevoise & Plimpton; Lawrence Cagney – Debevoise & Plimpton; Judith Church – Debevoise & Plimpton; Samuel Duncan – Debevoise & Plimpton; Katherine Durnan – Debevoise & Plimpton; Peter Furci – Debevoise & Plimpton; Marilyn Lion – Debevoise & Plimpton; Matthew Parelman – Debevoise & Plimpton; Michael Schaper – Debevoise & Plimpton; Kevin Schmidt – Debevoise & Plimpton; Scott Selinger – Debevoise & Plimpton; Alana Simone Walker – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Blackstone Tactical Opportunities Fund L.P. ;

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Author: Ambrogio Visconti