Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

MILBANK ADVISES FAROL ASSET MANAGEMENT IN ITS INVESTMENT IN WOMEN’S WEAR LUXURY DESIGN COMPANY CUSHNIE ET OCHS
network fJtx uqd

Published : 9 years ago, on

Corporate partner Brien Wassner led Milbank team in fashion industry investment for Farol

Milbank, Tweed, Hadley & McCloy LLP has advised private equity firm Farol Asset Management and a group of investors in acquiring a minority stake in the women’s designer ready-to-wear apparel company Cushnie et Ochs LLC.

New York-based Corporate partner Brien Wassner led the Milbank team on the deal, which closed on November 18.

Founded in 2011, Farol is a private equity firm that provides direct and co-investment solutions to leading institutional investors worldwide.  The firm manages $250 million in capital and, working alongside experienced operators, investors and funds, invests in a broad range of industries including, but not limited to apparel, consumer products and services, manufacturing and software and technology.  Farol has been a pioneer in supporting women and minority entrepreneurs and businesses on behalf of its institutional investor clients.

Cushnie et Ochs, which offered its debut collection in 2008, plans to use proceeds from the investment to expand into other product categories, accelerate growth across distribution channels and further develop the brand in the U.S. and overseas. The company’s line is found at stores such as Saks and Bergdorf Goodman, as well as through online retailers. As part of the investment, Cushnie et Ochs brought aboard a new CEO to run the company along with its two founders.

Milbank lawyers advising Farol, in addition to Mr. Wassner, included Corporate associate James Ebberson, Executive Compensation partner Mike Shah, Tax special counsel Max Goodman and associates James Beebe and Nate Browand.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post