The increase in management control comes as EIP, a leading infrastructure investor focused on the energy transition, continues to grow and expand globally. EIP began in 2014 as a joint venture with Credit Suisse and since 2020 has earned licenses to operate independently as an asset and fund manager in Switzerland and Luxembourg. More recently the company has expanded its investment activity and client offering globally.
Baker McKenzie Switzerland has advised Energy Infrastructure Partners (EIP) co-founders and managing partners on their acquisition of Credit Suisse‘s remaining 30% stake in the company. Credit Suisse will remain an important partner for EIP through bespoke vehicles serving Swiss pension funds. The transaction will not affect EIP’s ongoing investment, asset management activity or existing vehicles. Consolidating EIP’s shareholder group around its co-founders and managing partners further strengthens the company’s independence and reinforces its foundation amid this global expansion.
Baker McKenzie advised the co-founders and managing partners of EIP on all legal aspects of the transaction, including the financing of the transaction. The team was led by partner Alexander Fischer (m&a, pictured left) and counsel Matthias D. Trautmann (m&a, pictured right) together with Vinzenz Sutter (associate, m&a), partner Markus Wolf and associate Jan Lusti (both banking & financing).