Mayer Brown LLP advised Macquarie on the formation of Macquarie Advanced Investment Partners, L.P. (MAIP), a new private equity fund. MAIP was formed to take private Macquarie Capital Alliance Group (MCAG), a Macquarie-managed fund traded on the Australian Securities Exchange. MAIP investors include HarbourVest Partners, Partners Group, Paul Capital Partners, Pantheon Ventures, Portfolio Advisors, Procific and AlpInvest Partners.

The transaction is subject to shareholder approval. MCAG holds interests in four companies: European Directories, Red Bee Media, AIR-serv and Regis Group.

The Mayer Brown private investment funds team was led by partner Andrea Schwartzman while the private equity M&A team was led by partner David Lee.

Other members of the Mayer Brown team and their respective practice areas include:

Private investment funds: partner Olga Loy; associates David Shin, Matt Chase, Kim Arena and Jumoke Onibokun

Tax: partner Jeff Bruns and associate Lee Morlock

ERISA: partner Lennine Occhino

Litigation: counsel Michael Ware

US anti-trust (HSR) and CFIUS: partner Simeon Kriesberg

EU anti-trust: partner Dr. Jens Peter Schmidt