25 07 2014

Clarion Partners sales LMF Frisa Comercial for $207 million

DLA Piper represented Clarion Partners in its sale of LMF Frisa Comercial, a commercial real estate joint venture, to partner Frisa, a Mexican real estate investment group. The transaction is valued at US$207 million.


Clarion Capital Partners, LLC is a New York-based investment company founded in 1999, which seeks to make primarily control private equity investments in a diversified portfolio of middle-market companies. The firm focuses on growth companies in industries such as Business Services, Healthcare Services, Specialty Financial Services, Consumer Products, Specialty Retail, and Media and Entertainment, where Clarion can enhance a company’s future prospects. The company had owned 50 percent of LMF Frisa Comercial, which includes nine shopping centers in Mexico. The Mexico City-based DLA Piper team representing Clarion was led by partners Manuel Rajunov and Dania Duncan and included associates Mario Rea and Javier Zenteno. Involved fees earner: Dania Duncan - DLA Piper; Mario Rea - DLA Piper; Javier Zenteno - DLA Piper; Manuel Rajunov - DLA Piper;

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