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United Kingdom : CMS, Pinsent and Thacher advised the largest private equity investments of $500 million in SICCAR POINT ENERGY

September 2, 2014

CMS Cameron McKenna, Pinsent Masons and Simpson Thacher & Bartlett advised on one of the largest ever private equity investments in North Sea oil, with $500 million (301 million) launch of Blackstone and Blue Water Energy company, Siccar Point Energy.

Pinsent Masons' partner Barry McCaig took the lead role for PE backer Blue Water Energy and recommended CMS Cameron McKenna partner David Davidson to advise Siccar s management team.

CMS Aberdeen office was strengthened with the addition of partners from Dundas & Wilson, which merged with CMS. Dundas oil service transactions were appealing to CMS in the run up to the merger.

Blackstone turned to longstanding UK advisers Simpson Thacher, which fielded London partner Michael Wolfson for the deal. The firm is understood to be Blackstone s favoured UK adviser, taking on a range of real estate and IPO mandates in recent months.

The firm advised Blackstone on the finance elements of the company s 320 million acquisition of Old Broad Street from Brookfield Property Partners.

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Source: TendersInfo (India)

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