A team of Goodwin attorneys represented Mexico-based Infraestructura Institucional in its announced sale to BlackRock. The transaction is expected to closing in the fourth quarter of 2015. Terms were not disclosed.
Infraestructura Institucional is an independently managed infrastructure investment firm founded in 2010. The company manages approximately $1 billion of invested and committed capital and has experience on infrastructure projects across Mexico, including transportation, energy and social infrastructure.
BlackRock (NYSE: BLK) provides investment management, risk management and advisory services to institutional and retail clients worldwide. At March 31, 2015, BlackRock’s AUM was $4.774 trillion and the firm had 12,300 employees in 30 countries. BlackRock’s Infrastructure platform manages more than $6 billion in invested and committed assets in debt and equity strategies as of March 31, 2015 and the team has investment professionals in New York, London, Dublin, Paris and Zurich. BlackRock has $109 billion of AUM in Latin America, including $25 billion in Mexico.
Additional information regarding the transaction is available in the BlackRock press release.