Bird & Bird advises aam2cred Debt Investments on investment by Union Investment
Contacts
Partner
Germany
As co-head of the global Finance & Financial Regulation Practice Groups and head of the German Finance & Financial Regulation Practice Group, I advise on national and international finance and capital markets law as well as on commercial and corporate law. I am also a member of the international steering group of our Financial Services Sector Group.
Bird & Bird LLP has advised the shareholders of aam2cred Debt Investments GmbH, formerly aamundo Fund Management, on the investment process by Union Investment, which has taken a 10% stake in the private debt manager. The shareholding is to be successively increased in the coming years.
The advice included a shareholders' agreement and the purchase agreement for shares in aam2cred Debt Investments, with which Union Investment intends to expand its range of alternative investments for institutional clients.
Union Investment will launch a product series of mezzanine and whole loan funds for institutional clients and offer them to its investors. aam2cred Debt Investments GmbH, as a specialist in private real estate debt, will primarily be responsible for sourcing and managing the loan portfolio and providing investment advice for the funds.
The aam2cred Debt Investment GmbH has been advised by the following Bird & Bird lawyers: lead partner Dr. Michael Jünemann, counsel Johannes Wirtz, LL.M. and associates Julia Fröhder, Timo Förster and Jonathan Stoldt, all Finance & Financial Regulation, Frankfurt am Main.