Kirkland & Ellis counseled Augment Infrastructure Partners on its joint venture partnership with Old Mutual Alternative Investments (OMAI), Africa’s largest alternative investment manager, acting through its subsidiary, African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, to launch Augment Infrastructure Managers LLC (Augment). The partnership marks OMAI’s expansion into infrastructure equity investments in emerging markets outside of Africa, with an initial focus on Asia and Latin America. Augment will invest in mid-market growth infrastructure platforms across emerging markets in the renewable energy, water, digital infrastructure and transport sectors. The partnership will focus on backing established companies in these sectors that are looking to accelerate their growth.
The Kirkland team was led by investment funds partners Matt Nadworny, Ed Kirby, Michael Chiswick-Patterson and Jamie Walter and associates Sarah Anischik and Jen Gullotti; and tax partner Steve Butler and associate Mike Conroy.