Akin Gump Advises BlackRock in $500M Behrman Capital Fund
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(New York) – An Akin Gump team advised BlackRock, Inc. as an anchor investor in Behrman Capital Micross CF L.P., a new single-asset continuation fund of approximately $500 million. The asset, Micross Components, is a leading global supplier of turnkey high-reliability microelectronic product and service solutions. The continuation fund, managed by Behrman Capital, will be supported by new and returning limited partners, anchored by funds managed by Apollo Global Management, Inc. and its affiliates and funds managed by BlackRock’s private equity secondaries team.
The continuation fund transaction will provide incremental capital to drive organic growth initiatives, support the continued execution of Micross’ M&A pipeline and enables Micross to fully capitalize on the strategic initiatives undertaken over the past four years.
To read more about the transaction, click here.
The Akin Gump team was led by investment management partner Fadi Samman and comprised corporate partner Timothy Clark, investment management counsel Amanda Butler-Jones and associates Melissa Glazer and Naneka Bakare, and tax counsel Stuart Alter and Ekaterina Lyashenko and associate Menachem Fox.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East.
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