New York – October 29, 2024 – Cooley advised Bluestar Alliance – a company that owns, manages and markets a portfolio of consumer brands that span across many tiers of distribution, from luxury to mass market, with a heavy emphasis on department store retail brands – on its partnership with Hilco Global and TPG Angelo Gordon’s new joint venture (JV). The JV completed a series of inaugural transactions with Bluestar, including an approximately $190 million investment in a securitization transaction established by BR Brand Management – financing certain brands managed, licensed and co-owned by Bluestar – as well as a co-investment with Bluestar to acquire the international luxury streetwear brand Off-White from LVMH.
Partner David Silverman led the Cooley team advising Bluestar.
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