Weil has advised British Columbia Investment Management Corporation (BCI), one of Canada’s largest institutional investors, on the sale of European-focused alternative asset management firm Hayfin Capital Management (Hayfin) to Arctos Partners (Arctos).

Following completion of the transaction, BCI will remain a significant and strategic limited partner in certain key Hayfin fund strategies. BCI acquired a majority stake of Hayfin in 2017 and the product offering now spans direct lending, special situations, tactical solutions, high-yield/syndicated loans, healthcare opportunities, maritime yield and private equity solutions. Through the course of its ownership, BCI provided strategic input, industry expertise, capital support, and talent resources to help guide Hayfin towards achieving significant growth and scale over a seven-year period.

The Weil team was led by Private Equity partner Simon Lyell and included Private Equity partner Brian Parness and associates Timur Sauerborn and Ada Lam; Tax partners Jenny Doak and Greg Featherman and associates Madeline Joerg and Akash Mehta; Regulatory partner Marc Schubert and associate Adam Coen; Antitrust partner Neil Rigby; Private Funds partners Kristine Koren and Peter Boulle and Litigation partner Christopher Marks.