International law firm McDermott Will & Schulte represented MGG Investment Group (MGG), a US-based private direct lending firm with more than $6.5 billion in assets under management, in a strategic transaction with Generali Investments. Through its wholly owned subsidiary Conning & Company, Generali acquired a 77% equity interest in MGG and its affiliated entities.

MGG will continue to operate independently under the leadership of Kevin Griffin, retaining its investment and operational autonomy. The partnership provides MGG with enhanced resources to strengthen and expand its platform.

The McDermott corporate team was led by Benjamin Kozinn and included Lauren Troeller, Mitch DaSilva and Sarah Reichek. The investment management team was led by Jason Kaplan and included Jina Choi and Evan Miller. David Griffel and Philippe Benedict advised on tax matters; Kate Coverdale, Ian Levin, Adam Gartner, and Frances Sevilla-Sacasa advised on executive compensation matters; and Michael Byrne and Katie Yonover advised on insurance regulatory matters.

Read Conning and Company’s press release here.

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