Sullivan & Cromwell advised Cleveland-based
The Sullivan team was led by chairman Rodgin Cohen, financial institutions partners Donald Toumey and Mark Welshimer and tax partner Ronald Creamer. For Simpson Thacher, M&A and capital markets partners Lee Meyerson and Ellen Patterson took the helm.
The Cleary Gottlieb team was led by corporate partners Michael Ryan and Benet O’Reilly, with regulatory advice coming from partners based at the firm’s
Cravath Swaine & Moore was instructed by Goldman Sachs as financial advisor to
Corsair added $985m (£500m) of equity, with the remaining $6bn (£3.04bn) provided by investors including several of
Directors of
The deal comes after Simpson Thacher and Cleary Gottlieb both picked up roles earlier this month alongside Skadden Arps Slate Meagher & Flom on a $7bn fundraising by Washington Mutual.