SJ Berwin and Baker & McKenzie have taken lead roles on HSH Nordbank’s sale of a stake in a portfolio of private equity fund investments, a deal that values the bank’s total 47-fund portfolio at €620m (£549m).
SJ Berwin was instructed by Germany’s Nordbank, a longstanding client of the firm, and fielded a team led by funds partner Nigel van Zyl, who is set to leave the firm with a team of associates to join Proskauer Rose. SJ Berwin’s City team worked with Munich funds partner Sonya Pauls on the deal.
