Mayer Brown advises CNO Financial Group on strategic minority investment in Victory Park Capital
Mayer Brown advised CNO Financial Group, Inc., a nationwide life and health insurer and financial services provider, in connection with its acquisition of a strategic minority interest in Victory Park Capital Advisors, LLC, a leading global alternative investment firm specializing in private asset-backed credit and a majority-owned affiliate of Janus Henderson Group plc.
As part of the transaction, CNO has committed to provide a minimum of $600 million in capital commitments to new and existing Victory Park Capital investment strategies.
The Mayer Brown team was led by Corporate & Securities partner Reb Wheeler and included: Corporate & Securities – partners Iliana Kirova, Adam Kanter, Ryan Liebl, counsel Peter McCamman, and associates Susan Carlson, Joshua Cohen, Kathryn Hennessey, and Zareef Raihan; Litigation & Dispute Resolution – partner Arsen Kourinian and counsel Gina Del Tatto; Banking & Finance – partners Francis Doorley, Michael Gaffney, Steffen Hemmerich, Steve Kaplan and Eric Reilly, and associate Stephen Vogt; and Tax – partner JoonBeom Pae and counsel Minju Kim. The team was based in the firm’s Charlotte, Chicago, Los Angeles, New York, and Washington DC offices.
