Oaktree/Alanis/Lioncor (JV)
Transaction details
The proposed acquisition by certain funds managed and advised by Oaktree Capital Group LLC, and Alanis Capital Limited of joint control of Lioncor Developments Limited has been cleared, subject to binding commitments, by the Competition and Consumer Protection Commission.
Case details
- Notification date:21 May 2018
- Publication date:21 May 2018
- Economic sector:Real estate activities - M
- Economic sub-sector:Real estate activities - M.68
- Request for information:Yes
- Outcome:Cleared with proposals
Documents
M.18.042 Merger AnnouncementPDF | 132 KBM.18.042 Merger Announcement PDF | 132 KB - Opens in new window
M.18.042 DeterminationPDF | 453 KBM.18.042 Determination PDF | 453 KB - Opens in new window
Timetable
Parties Involved
Oaktree Capital Group LLC
Oaktree Capital Group LLC is a global alternative and non-traditional investment management firm. Its investments in the State include operational retail assets, office developments assets, sites for residential development as well as other distressed assets.
Alanis Capital Limited
Alanis Capital Limited is involved in property asset and development management. In the State, an Alanis group company currently carries out residential development management services for two development sites.
Lioncor Developments Limited
Lioncor Developments Limited is a residential property development management company that will provide development management services to companies that own residential development sites.
Contacts
Emily Thornton emilythornton@ccpc.ie
