M&A: Acquisition of Minority Revenue Share Interest in Arkkan Capital

Seward & Kissel LLP represented TIG Advisors, LLC (“TIG”) in connection with its acquisition of a minority revenue share interest in Arkkan Capital (“Arkkan”) from a fund managed by a Blackstone advisor.  TIG is a New York-based alternative asset manager with approximately $7 billion in assets that provides growth capital, comprehensive infrastructure support and management services to investment teams.  Founded in 2013 by Jason Brown, Arkkan is a Hong Kong-based alternative asset manager with approximately $1 billion of assets under management that focuses on credit and special situations investments across Asia Pacific markets.  The investment in Arkkan is the third successful transaction for TIG following its minority interest acquisitions in Romspen Investment Corporation in 2018 and Zebedee Capital Partners in 2020.