Ropes & Gray has advised Cordillera Investment Partners, L.P. (“Cordillera”), an investment management firm that exclusively invests in niche, non-correlated assets, on its strategic minority investment in Northridge Law LLP (“Northridge”), a leading independent law firm dedicated to highly complex and high-stakes legal matters in sport. The investment supports Northridge’s next phase of growth and expansion across key areas of sports law.
Founded in 2017 by five of the current partners, Northridge has grown into the largest sports law practice in Europe. The firm provides mission-critical services to key industry stakeholders, addressing the industry’s growing complexity.
The investment reflects Cordillera’s differentiated approach to sports investing. Rather than focusing solely on teams, leagues, or clubs, Cordillera seeks opportunities to invest in high-quality service businesses that stand to benefit from increasing institutional investment in sports. In addition to sports-related service providers, Cordillera targets opportunities across emerging leagues and formats, women’s sports, specialty sports finance, youth sports, and other opportunistic areas.
The Ropes & Gray team was led by private equity partner Shona Ha with support from associates Michael Asprou and Imaan Ahmad. Additional support was provided by tax partner Chris Agnoli and associate Charlie Voisey, and asset management trainee Jaycee How.
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