Sidley represented Ares Management Alternative Credit (“Ares”) funds in connection with its joint venture with Certified Automotive Lease Corp (“CAL Automotive”) to purchase up to US$1.5 billion prime new vehicle leases originated by CAL. Ares Management Corporation is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate, and infrastructure asset classes.
The Sidley team was led by David Solow and Tracey Nicastro (Global Finance) and Alexis Cooper (Private Equity), and included Joel Haas, Matthew Caister, and Victoria Grace-Hunt (Global Finance); Richard Silverman and Mitchell Li (Tax); Ellen Pesch (Insurance); Beth Dickstein (Employee Benefits and Executive Compensation); Carla Teodoro (Investment Funds); and Tom Hunter (Banking and Financial Services).
