Represented NewStar Financial, Inc. (Nasdaq:NEWS) in connection with its agreement to acquire 100% of Fifth Street CLO Management LLC (“FSCM”), a wholly-owned subsidiary of Fifth Street Holdings L.P., an affiliate of Fifth Street Asset Management, Inc. (“Fifth Street” or “FSAM”) (NASDAQ:FSAM), a publicly-traded credit-focused asset management firm based in Greenwich, Connecticut.

Seward & Kissel client, NewStar Financial, Inc. (Nasdaq:NEWS), announced that it has agreed to acquire 100% of Fifth Street CLO Management LLC (“FSCM”), a wholly-owned subsidiary of Fifth Street Holdings L.P., an affiliate of Fifth Street Asset Management, Inc. (“Fifth Street” or “FSAM”) (NASDAQ:FSAM), a publicly-traded credit-focused asset management firm based in Greenwich, Connecticut. FSCM manages two CLOs and the acquisition will add approximately $726 million to NewStar’s assets under management, increasing total pro forma AUM to approximately $7.3 billion. The Seward & Kissel team representing NewStar Financial included Business Transactions partners Craig Sklar and Gary Anderson, Corporate Finance Partner Greg Cioffi, Tax partner Jon Brose, Business Transactions associates Dora Pulido and Keith Kessinger, Corporate Finance counsel Andrew Robertson and Corporate Finance associate Abhijit Kurup.