Anemka Joint Venture

Walkers acted as Cayman Islands counsel to Warburg Pincus in forming a joint venture vehicle, Anemka, between Warburg Pincus and mining industry executives for investment into mining assets.

The terms of the joint venture vehicle and the structure of the transaction group generally were particularly complex as they were required to cater for the group to make a number of future acquisitions, for additional funding to be provided and for management and future employees to own an equity interest in the venture alongside Warburg Pincus.

Closed July 2015.

Lead Partner Caroline Williams led the Walkers team comprising Andrew Barker, associate and Theo Lefkos, associate.

Vinson & Elkins LLP were US counsel to Warburg Pincus.