Baker McKenzie advised Energy Infrastructure Partners AG (EIP) co-founders and managing partners on their acquisition of Credit Suisse AG's remaining 30% stake in EIP. Credit Suisse will remain an important partner for EIP through bespoke vehicles serving Swiss pension funds. The transaction will not affect EIP's ongoing investment, asset management activity or existing vehicles.
The increase in management control comes as EIP, a leading infrastructure investor focused on energy transition, continues to grow and expand globally. EIP began in 2014 as a joint venture with Credit Suisse and, in 2020, it earned licenses to operate independently as an asset and fund manager in Switzerland and Luxembourg. More recently, the company has expanded its investment activity and client offering globally. Consolidating EIP's shareholder group around its co-founders and managing partners further strengthens the company's independence and reinforces its foundation amid this global expansion.
Baker McKenzie advised the co-founders and managing partners of EIP on all legal aspects of the transaction, incl. the financing of the transaction.
The Baker McKenzie Switzerland team was led by Alexander Fischer (partner, M&A, Switzerland) and Matthias Trautmann (counsel, M&A, Switzerland) together with Vinzenz Sutter (associate, M&A, Switzerland), Markus Wolf (partner, Banking & Financing, Switzerland) and Jan Lusti (associate, Banking & Financing, Switzerland).