Freshfields Bruckhaus Deringer LLP is advising Ontario Teachers’ Pension Plan Board on a number of transactions in relation to its controlling interest in Brussels airport.
OTPP is Canada’s largest single-profession pension plan and the largest private investor in airports in Europe, with holdings in five freehold airports: Copenhagen Airport, Brussels Airport, Bristol Airport, Birmingham Airport and London City Airport.
The transactions include (i) the exit of funds managed by Macquarie Infrastructure and Real Assets and introduction of a new consortium of investors comprising APG Asset Management, Queensland Investment Corp, Swiss Life and others for a significant minority interest; and (ii) the sale by OTPP of minority interests to New South Wales Treasury Corporation and the Government Pension Investment Fund of Japan, through a StepStone managed vehicle.
Freshfields has advised OTPP on all its European airport acquisitions as well as a number of other transactions relating to those airports.
The cross-border Freshfields team was led in London by partner Laurie McFadden (Picture) and senior associate Richard Johnson and in Brussels by partner Vincent Macq and principal associate Jan-Willem Geeroms.
Involved fees earner: Jan-Willem Geeroms – Freshfields Bruckhaus Deringer LLP; Richard Johnson – Freshfields Bruckhaus Deringer LLP; Vincent Macq – Freshfields Bruckhaus Deringer LLP; Laurie McFadden – Freshfields Bruckhaus Deringer LLP;
Law Firms: Freshfields Bruckhaus Deringer LLP;
Clients: Ontario Teachers’ Pension Plan Board;