Debevoise Guides EQT’s Buy of Redwood Capital Group

Debevoise & Plimpton advised EQT AB on the Swedish private equity firm’s acquisition of Redwood Capital Group, a U.S. residential real estate investment manager headquartered in Chicago, the law firm said.

Redwood Capital Group says on its web site that it has made 75 multifamily investments, with close to 25,000 units, since its founding in 2007. It says it has over $1.7 billion in assets under management, with a current portfolio that includes 30 multifamily communities in 15 metropolitan statistical areas.

EQT said in a statement that it plans to combine Redwood Capital Group’s assets and 35 corporate employees with ...