Latham & Watkins Advises Brookfield Asset Management in Equity Commitment in Fundamental Income Properties Net Lease Real Estate Platform

A deal team across the firm’s Real Estate, Investment Funds, and Tax Practices is advising Brookfield.

April 22, 2020

Fundamental Income, Sponsor and Index Provider to the NETLease Corporate Real Estate ETF (NYSE arca: NETL) (the Fund), has announced the creation of a new net lease platform Fundamental Income Properties. The platform received an initial equity commitment of $500 million from a fund managed by Brookfield Asset Management (NYSE: BAM).

Latham & Watkins LLP advised Brookfield Asset Management in connection with its investment in Fundamental Income Properties with a deal team led by New York real estate partner Michael Haas, with associate Kimberly Lucas. Advice was also provided on benefits and compensation matters by Los Angeles partner Larry Seymour, with associate Jordan David; on fund formation matters by San Diego partner Nadia Sager, with associate Zachary Thompson; and on tax matters by Los Angeles partner Ana O’Brien, with associate William Kessler.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.