London – Paul Hastings LLP, a leading global law firm, announced today that it has advised Aalto Invest Holding AG ("Aalto") and its owners on its agreement for the disposal of Aalto to Man Group plc. The transaction is subject to the satisfaction of a number of regulatory and other conditions and is expected to complete in January 2017.
Aalto is a U.S. and Europe-based real estate focused investment manager with $1.7 billion of funds under management as of 31 August 2016. Aalto specialises in the management of real estate equity and debt strategies including direct investments in single family homes in the U.S. and lending to commercial and residential real estate in Europe and the U.S.
The Paul Hastings team was led by London corporate partner Garrett Hayes supported by London corporate associate David Prowse. The team also comprised tax associates Jiten Tank and Michael Graham and corporate associate Sam Waite.
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