Debevoise & Plimpton advised CPPIB Credit Investments Inc. and OMERS in separate investments totaling $900 million in Odyssey Group Holdings.
The $900 million investment in Odyssey Group Holdings, Inc. reflects a 9.99% minority stake in Odyssey Group.
CPPIB Credit Investments is a wholly-owned subsidiary of Canada Pension Plan Investment Board. OMERS is the defined benefit pension plan for Ontario’s municipal sector employees. Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. Odyssey Group is Fairfax’s U.S. based reinsurance and insurance subsidiary.
The Debevoise team was led by finance partner Ramya Tiller (Picture) and insurance M&A partner Drew Dutton and included finance associate Stacy Lee, restructuring partner Sidney Levinson and regulatory partner Andrew Levine.
Involved fees earner: Drew Dutton – Debevoise & Plimpton; Stacy Lee – Debevoise & Plimpton; Andrew Levine – Debevoise & Plimpton; Sidney Levinson – Debevoise & Plimpton; Ramya Tiller – Debevoise & Plimpton;
Law Firms: Debevoise & Plimpton;